The Open Network (TON), a decentralized blockchain network of the first layer, was conceived and built by the Telegram developers, under the guidance of the Durov brothers. Their aim was to design a blockchain infrastructure that is both easily adaptable and exceptionally simple for users, while being seamlessly integrated into the Telegram application.
Thanks to this recent enhancement, individuals in America can now perform transactions involving various digital currencies, such as Toncoin (TON), USDT, Bitcoin, and numerous other digital assets. They can send, receive, and oversee these currencies directly within the Telegram application, removing the need for supplementary downloads or web browser extensions.
This development positions Telegram as the premier mainstream social media application in the United States to provide a crypto wallet where users manage their own digital assets.
Prominent functionalities encompass immediate crypto transfers between users within Telegram conversations, cryptocurrency exchange options, staking capabilities, and integrated trading instruments. Users can also benefit from commission-free cryptocurrency acquisitions utilizing Apple Pay, Google Pay, or debit/credit cards, along with access to the ever-growing collection of decentralized “Mini Apps” within the TON ecosystem.