Telegram Messenger App Launches USDT Transfer Feature Within Chats, Expanding Crypto Services – Crypto Adoption on the Rise?
Telegram users can now transfer the world's most popular stablecoin, Tether (USDT), through chats.
The news was tweeted by the TON blockchain, with the team writing: "Imagine being able to buy and sell crypto via a messaging app. Now imagine it's already here," adding the link to the Wallet.
Kirill Malev, a Partner at First Stage Lab, a venture capital firm and ecosystem builder on the TON blockchain, recently shared exciting news for the TON community via Twitter.
He announced that the popular instant messaging app, Telegram, has integrated USDT into its @wallet bot, allowing users to send the stablecoin to friends along with the native TON coin.
This new feature offers greater convenience and accessibility for TON users, highlighting the platform's ongoing commitment to expanding its crypto capabilities.
This means that users are now able to select the USDT altcoin within their Telegram chat boxes to transfer money to their peers directly and instantly.
Per Decrypto, however, Telegram will for now only support the USDT run on the Tron blockchain, TRC20.
The t.me/wallet also allows users to convert USDT TRC-20 tokens to purchase TON, Malev added.
This latest development should, theoretically, be positive for the industry. Malev argued that,
"This is a great step forward for crypto adoption! [...] This is not just a major milestone for the TON blockchain community, but also a significant step in bridging the gap between cryptocurrency and mainstream users. Now we all can easily *show* how crypto works to our non-cryptonative frens."
He also named some possibilities created by this Telegram/USDT move, including new and different types of transactions, shopping, and crowdfunding.
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