Summary
TLDR: Tether and Telegram announced at Token 2049 that USDT will launch on the TON blockchain and Telegram wallet to expand crypto presence and accelerate TON blockchain growth. This move is expected to attract non-crypto users and increase adoption of TON network. USDT’s stable value will provide stability for users transacting with Toncoin on the TON blockchain. Telegram’s integration of Toncoin has led to its value tripling and upcoming launch of Notcoin airdrop.
Key Points
1. USDT, the largest stablecoin in the world, will launch on the TON blockchain and the Telegram wallet, expanding Telegram’s crypto presence and accelerating the growth of the TON blockchain.
2. The integration of USDT on TON will allow seamless global value transfer with a simple user experience, matching traditional financial systems and furthering the mission of open financial infrastructure.
3. Telegram’s crypto wallet, which launched in September, allows users to manage TON-based digital assets with custodial and self-custodial options, all within the messaging app.