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Tether debuts on The Open Network integrated with Telegram

Tether’s USDT and its gold-backed version, XAUT, have gone live on The Open Network (TON), providing Telegram's 900 million monthly users a new method for peer-to-peer global payments. Fintech firm Ramp Network, a crypto infrastructure provider, will support the purchasing and withdrawal of USDT on TON. At launch, exchanges and built-in on-ramps such as bank transfers, card payments, and peer-to-peer transactions will be available to make it easy for users to get into crypto on TON and Telegram. The move integrates USDT directly into the popular messaging app and leverages Telegram’s extensive user base to expand the stablecoin's accessibility.

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