Decrypt • Apr 19, 24
Tether Launches USDT on TON Network, Telegram Wallet in Boon for Messaging App
The partnership with Tether is meant to rapidly expand TON’s attractiveness to a broader audience of non-crypto savvy Telegram users.
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Create a Coinbase account to buy and sell SUKU on the most secure crypto exchange.
$35.0M
$10.2M
178.4M SUKU
8 days
#705
$1.58
+3.06%
-7.59%
-7.2%
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
SUKU is an Ethereum token that powers the SUKU Platform, a blockchain-based ecosystem that aims to make supply chains more transparent. SUKU tokens can be used for platform governance and to reward users and SUKU node operators. SUKU Platform is also developing applications for DeFi lending and NFT marketplaces.
Suku (SUKU) is a cryptocurrency project that aims to simplify the complexities of Web3 for everyday users and creators. The project's mission is to transform every internet user into a Web3 user by providing simple and intuitive tools that allow them to fully benefit from the utilities of Web3 in all areas of their lives. Suku's approach is unique in that it focuses on building decentralized solutions that are easy to use for internet users worldwide, rather than just the crypto niche. The project's ecosystem includes a variety of Web3 tools, including the Suku Wallet and the Suku Protocol, which equips every social account with a fully functional Web3 wallet.
Suku operates by providing a suite of decentralized tools that are designed to be user-friendly and accessible. One of its key features is the Suku Wallet, which is still in beta. This wallet allows users to send and receive digital assets instantly, even to those who haven't set up a wallet yet. Another key feature is the Suku Protocol, which equips every social account with a fully functional Web3 wallet, allowing users to use Web3 on their favorite platforms without the need for setup or seed phrases. The project also includes Suku Pay and Suku Hub, which further extend the functionality and accessibility of Web3 tools.
Suku aims to bring the benefits of Web3 to the masses, making it a potentially useful tool for a wide range of internet users. For instance, the Suku Wallet allows users to send and receive digital assets instantly, making it a tool that could facilitate peer-to-peer interactions. The Suku Protocol, on the other hand, allows users to use Web3 on their favorite platforms, opening up a world of possibilities for decentralized applications and services. Additionally, Suku provides tools that could be used for creating and collecting NFTs, which could be of interest to creators and collectors alike.
Suku is a project developed by Citizens Reserve, Inc., a Delaware corporation. The project's mission and approach were developed with the belief that Web3 has the power to improve the way we interact with each other and the world, and that it should be accessible to everyone. The project's roadmap includes the development of decentralized solutions that are easy to use for internet users worldwide, rather than just the crypto niche. The Suku Wallet and the Suku Protocol are key features of the project that have been developed to fulfill this mission.
Suku strives to enhance sustainability and ethical practices in supply chain management by utilizing blockchain technology. This technology aims to provide a platform for recording and sharing crucial information about product origins, manufacturing processes, and transportation details. The potential for increased transparency may assist consumers in making decisions based on proven ethical standards, such as fair trade practices, acceptable labor conditions, and a commitment to environmental sustainability. Additionally, Suku's blockchain technology seeks to simplify the tracking and verification of certifications and audits, with the intention of ensuring that ethical standards are upheld across the entire supply chain. The integration of blockchain solutions for ethical verification aims to foster trust, encourage ethical sourcing, and aspire towards a more sustainable supply chain industry.
When implementing Suku's blockchain solutions in supply chains, businesses might consider several aspects. One aspect is the potential to foster trust between different entities, even in situations where trust is either nonexistent or unproven. This is because blockchain aims to create a record of transactions with end-to-end encryption, which could deter unauthorized activity or fraud. Another aspect is the decentralized structure of blockchain, which may facilitate data sharing within an ecosystem of businesses where no single entity has exclusive control. This is particularly relevant in supply chains, where multiple businesses, from suppliers and transportation companies to producers, distributors, and retailers, need to share information. Blockchain also strives to address security and privacy concerns by storing data across a network of computers, which could enhance security measures. It also seeks to address privacy concerns by anonymizing data and, in some cases, requiring permission to limit access. Another consideration is that blockchain intends to streamline processes, which could reduce manual tasks and ease reporting and auditing processes.
Suku strives to improve transparency, efficiency, and accessibility in supply chains by leveraging blockchain technology. It uses a blockchain-based ecosystem to connect businesses and consumers, providing a supply-chain-as-a-service platform. Suku's approach to verifying product authenticity and origin involves the use of its blockchain-based Suku Scanner application, which tracks the authenticity and provenance of consumer products. This application uses data from NFC tags attached to products, which is then fed into Suku's blockchain-based supply chain application. This data is intended to confirm the authenticity and provenance of the tagged product, with the intention of fostering trust and transparency. Suku uses its blockchain technology with the intention of maintaining the digital identity of each product. This approach is designed for product verification, distribution processes, and transparent pricing.
Suku's platform seeks to provide consumers with increased transparency in supply chains. By utilizing blockchain technology, Suku creates a record of product information, from the source of raw materials to the finished product. This allows for an automated, accurate, and transparent tracking of products through the supply chain, with the intention of verifying that the products are authentic and safe. The platform intends to streamline the tracking process, which may result in a more efficient supply chain process for consumers. It also seeks to reduce the risk of counterfeit products entering the supply chain, with the intention of facilitating the delivery of authentic products to consumers. Suku is exploring the potential of applications in the DeFi and NFT sectors, with the aspiration of offering users further non-financial advantages.
Suku's supply chain solutions strive to enhance transparency, efficiency, and traceability across various industries. Industries that can apply Suku's solutions include automotive, grocery and consumer packaged goods (CPG), manufacturing, retail, and wholesale distribution. In the automotive industry, Suku's solutions aim to assist in managing supply and demand gaps, handle unreliable suppliers, and balance cost-effectiveness. For grocery and CPG companies, Suku's solutions seek to improve communication processes and essential business operations such as order fulfillment. In manufacturing, Suku's solutions strive to enhance supply chain processes by eliminating tedious manual document-sharing processes and improving supplier communication. Retailers may consider Suku's solutions for managing omnichannel selling, gaining inventory visibility, and meeting customer expectations. Lastly, wholesalers and distributors may consider Suku's solutions to reduce costs, streamline processes, and facilitate quicker non-financial returns.
Decrypt • Apr 19, 24
Tether Launches USDT on TON Network, Telegram Wallet in Boon for Messaging App
The partnership with Tether is meant to rapidly expand TON’s attractiveness to a broader audience of non-crypto savvy Telegram users.
Read more
DL News • Apr 19, 24
The Bitcoin halving is coming: Here’s what market pros predict for prices
With the halving only hours away, we asked the experts what they think will happen next for Bitcoin.
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BeInCrypto • Apr 19, 24
Tether Expands Its Stablecoin Offering to Telegram’s TON Blockchain
Tether introduces USDT and XAUT stablecoins to TON, a blockchain developed by Telegram, marking significant growth and utility enhancements in TON's ecosystem.The post Tether Expands Its Stablecoin Offering to Telegram’s TON Blockchain appeared first on BeInCrypto.
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The Block • Apr 19, 24
Tether brings USDT and gold stablecoins to the TON blockchain
Tether is expanding support for its USDT stablecoin and its gold-backed stablecoin XAUT to The Open Network (TON).
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CoinDesk • Apr 19, 24
Tether Seeks to Boost Peer-to-Peer Payments on Telegram by Expanding Dollar, Gold Stablecoins to TON Network
The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.
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Decrypt • Apr 19, 24
TON’s Justin Hyun Breaks Down The Importance of USDT Coming to Telegram
At Token 2049 in Dubai, The Open Network’s director of investments sat down with Decrypt’s Sander Lutz to discuss what he sees as the game-changing integration of USDT onto TON, and his plans for getting Telegram’s 900 million users to start using crypto in the immediate future.
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Here is a selection of spot and futures markets that people watch
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SUKU/CAD (Canadian Dollar)
CA$0.27
SUKU/JPY (Japanese Yen)
¥30.25
SUKU/INR (Indian Rupee)
₹16.34
SUKU/BRL (Real)
R$1.03
SUKU/EUR (Euro)
€0.18
SUKU/NGN (Nigerian Naira)
NGN 205.50
SUKU/KRW (South Korean Won)
₩269.88
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The price of SUKU has increased by 3.06% in the last hour and decreased by 7.59% in the past 24 hours. SUKU’s price has also fallen by 7.20% in the past week. The current price is $0.20 per SUKU with a 24-hour trading volume of $10.17M. Currently, SUKU is valued at 87.65% below its all time high of $1.58. This all-time high was the highest price paid for SUKU since its launch.
The current circulating supply of SUKU is 178,403,406.795 SUKU which means that SUKU has as total market cap of 178,403,406.795.
We update our SUKU to USD currency in real-time. Get the live price of SUKU on Coinbase.
The current market cap of SUKU is $34.99M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SUKU is $1.58. This all-time high is highest price paid for SUKU since it was launched.
Over the last 24 hours, the trading volume of SUKU is $10.17M.
Assets that have a similar market cap to SUKU include Cryptex Finance, Pintu Token, Presearch, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SUKU is 178 million.
The median time that Coinbase customers hold SUKU before selling it or sending it to another account or address is 8 days.
SUKU ranks 118 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 85% of Coinbase users are buying SUKU. In other words, 85% of Coinbase customers have increased their net position in SUKU over the past 24 hours through trading.
Yes, SUKU is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SUKU guide.
Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.