However, the development of the TON blockchain project was abandoned in 2020 following legal battles with the U.S. Nevertheless, TON was kept alive by members of its community, who continue to advance the project. Telegram now allows its users to send payments using the Tether stablecoin (USDT). This new functionality operates through The Open Network (TON), a blockchain platform initially developed by Telegram and now maintained by open-source developers. Many users value anonymity when dealing with cryptocurrencies, so bots that do not require KYC may be an attractive option. However, the absence of KYC is not always an indicator of unreliability.
You can transfer it to an exchange, to SMART Wallet, or use it directly to make purchases in USDT. A window will open where you need to enter the amount of fiat currency you plan to send to the seller, then click “Buy.” With the Tether stablecoin operator establishing strong ties with the Web3 ecosystem of Telegram, stablecoins are finally here to stay. Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today’s crypto market trends in real-time on Bittime. One of the main reasons why using Wallet on Telegram to buy USDt is so beneficial is the ease of integration. Once the transaction is complete, your USDt is immediately available in your Telegram Wallet without any delay.
“We’re excited to bring USDT to The Open Network because we support its vision of an open and decentralized internet and a borderless financial system,” said Paolo Ardoino, CEO at Tether. “The launch of USDT on TON will allow seamless value transfer globally in a simple experience that can match even the traditional financial system.” P2P Market is a platform for direct user-to-user trading without the exchange acting as a middleman.
In the following sections, we will take a closer look at how to choose a reliable bot for exchanging in Telegram and which bots deserve special attention today. Through this Telegram Tether integration, users may now use the platform to pay using their owned holdings of the USDT stablecoin, a crypto known for being tied to the US dollar rate. It also comes when Telegram is already nearing one billion users on the platform, expanding more of its features with an integrated crypto payments option for all. CryptoWatch brings you last week’s top development in the cryptocurrency industry, with the top news being Telegram’s massive USDT integration into the instant messaging app. Telegram users can now send each other tether (USDT), the world’s largest stablecoin by market cap, within chats in the messaging app. The popularity of Telegram’s crypto service has been continuously increasing, particularly in locations with restricted access to traditional banking systems.
60CEK.ORG is a cryptocurrency exchange platform that offers users a direct exchange of cryptocurrency for cryptocurrency, as well as work with various payment systems and bank cards. The service supports many cryptocurrencies, including USDT, and is accessible through the official telegram bot. In conclusion, Telegram bots for exchanging USDT are a convenient and innovative tool for performing cryptocurrency transactions. They offer users fast access to real-time currency exchange, transparent trading terms, and a level of anonymity that is difficult to find on traditional platforms. However, it is important to remember to take precautions and carefully choose bots based on their reputation and reviews from other users.
The process of purchasing and using USDt does not require interaction with complicated crypto exchange platforms. Everything is done easily via the Telegram application, which you already know and use every day. Here, you will be given a choice of payment methods that you can use, such as bank cards or P2P (peer-to-peer) markets. Once a transaction is confirmed on the blockchain, it can no longer be reversed. It is important to double check all details of a transaction before submitting it.
Tether (USDT), the most valuable stablecoin in terms of market size and daily trading volume, has been integrated into the instant messaging service’s wallet bot. Through this Telegram upgrade, USDT, Bitcoin, and TON currencies can be sent, received, and pitched by TG users in real-time via chats. Integrating crypto payments into messaging apps could be a positive development for mainstream adoption of cryptocurrencies.