Cryptocurrencies

    Tether, TON Foundation, and Oobit forge alliance for crypto payments

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    Tether (CRYPTO:USDT), in collaboration with the TON Foundation and Oobit (CRYPTO:OBT), aims to streamline cryptocurrency payments, making them more accessible for everyday use.

    Through Tether's integration with the TON blockchain, users can now send USDT directly via Telegram messages and utilize them for instant payments through Oobit's Tap & Pay feature.

    This partnership, with over $200 million USDT already issued on TON, signifies a growing adoption of the technology.

    By providing a user-friendly Tap & Pay option, Oobit ensures businesses can accept cryptocurrency payments while receiving fiat currency, making crypto a practical payment method.

    Leveraging TON's integration with Telegram, Tether's USDT and potentially XAUT could facilitate peer-to-peer payments for Telegram's vast user base, ultimately aiming to integrate cryptocurrency into the daily lives of millions worldwide.

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