With an update on Wednesday, Telegram users will now be able to send Tether to each other through the app. With the new update, the popular messaging app will support USDT-TRON, also known as TRC20.
A Guideline for Sending USDT from Telegram
Wallet News announced the new development in a statement on March 23. Users can access the new feature via the Telegram Wallet bot. The Tether stablecoin functionality has already been put into place, according to a preliminary review of the bot. Without ever leaving the app messaging client, users can purchase USDT with a bank card or through a specific P2P market. Selling Tether stablecoin on the open market is another possibility.
With the inclusion of Tether stablecoin, the platform users now have access to stablecoins, which have many of the same advantages as traditional crypto assets without the volatility associated with crypto investing.
About TON Project
The Open Network (TON) initiative was started in 2018 by Paul Dirov and Nikolai Durov, the co-creators of the app, with the intention of making blockchain transactions as straightforward as sending and receiving messages. But the app gave up on the endeavor because of problems with the US Securities and Exchange Commission (SEC).
Steps to Buy Tether Stablecoin
First, click on the paperclip icon circled in the image above. Next, go to the wallets and select USDT.
The amount of Tether stablecoin you want to send to the recipient should be entered here. The new feature also pertains to P2P Market: You can directly purchase and sell Tether stablecoin inside the bot. Choose an advertisement or create a new one to do this. It’s simple and secure!
The “Swap” part of the trading menu is a new addition. With just a few taps, you can exchange TON for Tether stablecoin and vice versa. Tap the “Receive” option in the top menu to receive Tether stablecoin.
It is up to the recipient to conduct trading over the Ton network once the cash has been received. That’s how easy and clear it is.
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