Telegram Messaging Service to Allow Tether Stablecoin Payments

Telegram is set to introduce nearly 900 million monthly active users to an innovative Web3 experience centered around global peer-to-peer payments. The TON Foundation announced a significant development in digital finance with the launch of USDt (Tether) on The Open Network (TON), which is integrated with Telegram.

Paolo Ardoino, the CEO of Tether, underscored the synergy between TON and Tether’s missions, as he spoke about supporting TON’s vision for an open, decentralized internet and a borderless financial system. He highlighted that the launch of USDT on TON would facilitate seamless value transfers globally, offering a simple user experience that rivals traditional financial systems and drives the mission of powering open financial infrastructure across the blockchain space.

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