Telegram Adds Tether (USDT) Transfer Feature

Telegram is one of the most underrated instant messaging apps. It is free to use and offers a fast and secure platform with end-to-end encryption. The platform offers not just the features to send and receive messages, but also a wide array of useful features.

Telegram is gradually making its way into the cryptocurrency realm. It had added support for cryptocurrency payments, according to a tweet from the TON (Telegram Open Network) Foundation in April. The TON token can be used to make cryptocurrency payments on Telegram.

Also read: Circle Chief Strategy Officer’s Twitter Account Compromised

According to the latest details from an announcement shared with CoinDesk, Telegram has added the feature to send users Tether (USDT).

Telegram takes a leap with USDT

The new feature will now allow users to send and receive the largest stablecoin, USDT. USDT has always appeared as a much better option for investors due to its less volatile nature.

Also read: Shiba Inu: 68% of SHIB Holders Are in Loss

The instant messaging app also announced earlier its plan to launch a non-custodial wallet and a decentralized cryptocurrency exchange. The 550 million users of the platform can now make use of this feature.

Credit: Source link