Skip to main content

In-Chat Tether Transfers Introduced in Telegram

In-chat Tether Transfers Introduced in Telegram

Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app.

Tether Added to Wallet Bot in Telegram Messenger

Support for transactions with the U.S. dollar-pegged tether, the largest stablecoin, has been introduced in Telegram, the most popular messaging service in the crypto space.

USDT has been integrated in the Telegram Wallet bot, allowing users to buy, sell, exchange as well as transfer tether free of charge between each other.

“We’re excited to announce the long-awaited integration of USDT into @wallet, making sending stablecoins as easy as sharing a photo,” the wallet service said in a Telegram post.

You can replenish your tether balance through the bot’s main menu, using an external USDT wallet and also by purchasing the stablecoin with a bank card or on Telegram’s peer-to-peer (P2P) market. @wallet only accepts transfers from the TRC-20 network, the announcement remarked.

The wallet’s interface has been updated. All crypto assets can be seen on the start page and users can choose which coins they want displayed from ‘Settings’. Purchase options are available in the ‘Market’ section.

The messenger’s P2P marketplace has been refreshed as well to allow users to buy and sell stablecoins directly in the bot by selecting one of the available offers. An ‘Exchange’ feature has appeared on the main page letting you to trade USDT and TON.

Toncoin (TON), which can also be sent in chats, and bitcoin (BTC), the crypto with the largest market cap, were added to the unofficial @wallet bot in April, 2022.

The Telegram Open Network (TON) blockchain was launched in 2018. However, in 2020, Telegram pulled out of the project due to litigation with the U.S. Securities and Exchange Commission (SEC).

Further support for the TON network was provided by members of the TON Foundation community who continued its development, RBC Crypto noted in a report.

While Telegram is not directly engaged with the expansion of the TON ecosystem, it remains involved. Last year, the messenger launched a blockchain platform called Fragment facilitating the purchase and sale of collectible usernames with toncoin.

Do you expect other cryptocurrencies to be added to the @wallet Telegram bot? Tell us in the comments section below.



from Bitcoin News https://ift.tt/wsEC4yg
Labels:

Comments

Post a Comment

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...
Post a Comment
Read more

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...
Post a Comment
Read more

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...
Post a Comment
Read more