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Telegram Users Can Now Easily Send USDT with the Wallet Feature

In Brief

Telegram now allows its users to send USDT quickly via the @Wallet tool.

Previously, users were limited to trading Bitcoin and Ton currencies.

Telegram Users Can Now Easily Send USDT with the Wallet Feature

The secured messaging service Telegram has unveiled a new option that enables users to both send and receive USDT (Tether) directly through the app.

USDT is a stablecoin that is designed to maintain a value equivalent to the U.S. dollar, currently standing as the largest stablecoin by market cap. To transfer USDT to someone else, users must incorporate a bot named '@wallet' into the attachments section. This feature empowers users to purchase, hold, and send cryptocurrency with ease. The wallet functionality began in 2022, originally introducing Bitcoin and Toncoin as the initial cryptocurrencies available.

This new feature simplifies the process for users who might not be very familiar with digital currencies. buy and send crypto The transactions are quick, and the interface is user-friendly, making it accessible to newcomers. This could significantly boost the adoption of blockchain technologies in everyday life. 

Telegram app

Founded by brothers Pavel and Nikolay Durov in 2013, Telegram has gained enormous popularity in recent years, now boasting over 700 million active users.

Interestingly, the 'wallet' feature marks just one of Durovs' ventures into the web3 space. Back in August 2022, Pavel Durov proposed the auctioning of personalized links for Telegram channels as non-fungible tokens. Furthermore, in 2018, Telegram started the Open Network blockchain initiative, also referred to as TON. Although this project was put on hold in 2020 due to regulatory issues with the U.S. SEC, the Telegram community continues to work on the network's development.  shared the idea Telegram CEO Pavel Durov Suggests Auctioning Usernames and Links as NFTs

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Disclaimer

In line with the Trust Project guidelines Valeria is a journalist for Metaverse Post, focusing on fundraising activities, artificial intelligence, the metaverse, digital fashion, NFTs, and all things web3-related.

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