Tether Expands To Telegram Open Network

April 20, 2024 6:25 pm Comments

Tether, the issuer of the USDT stablecoin, has expanded its stablecoin services to Telegram Open Network (TON).

The blockchain firm will be bringing USDT and XAUT (Tether Gold) to the TON blockchain for easy use directly within the Telegram app.

This seamless integration will come as a welcome surprise to users of both blockchain networks and services.

Tether proudly announced on Friday: “Tether Tokens USD₮ and XAU₮ are now live on the Ton blockchain & available in the Telegram Wallet.”

CNBC explained:

TON is a blockchain network that was initially developed by Telegram, but has since been taken over by open-source developers. It is integrated with the Telegram app.

CoinGecko provided a price update for Toncoin (TON) following the announcement that Tether would deploy on the Telegram Open Network.

Daily Coin provided a full guide on setting up Tether with TON in this guide that I encourage you to check out:

Setting up your Telegram wallet to handle USDT payments involves a straightforward process facilitated by the @wallet bot on Telegram.

This integration allows you to engage in cryptocurrency transactions efficiently within the Telegram app itself, leveraging The Open Network (TON) blockchain technology.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.