Blockchain
Tether, TON Foundation and Oobit join forces for a perfect crypto payment solution
Tether, TON Foundation and Oobit create a perfect crypto payment solution
Tether Operations Limited, the largest digital asset company, has partnered with Oobit, a mobile payment app, and the TON Foundation to revolutionize the use of cryptocurrencies as a means of payment. This collaboration aims to provide users with an easy and convenient way to transact with cryptocurrencies.
Reaffirming Tether’s commitment to a borderless financial system
This partnership reiterates Tether’s ongoing commitment to providing a borderless financial system through decentralized technology solutions. In line with this, Tether recently launched USD₮ and XAU₮ on TON to facilitate seamless transfers between users on the TON ecosystem, enabling a quick, secure and cost-effective process.
Over $200 million in USD₮ issued on the TON Blockchain
Since its launch, over $200 million in USD₮ has been issued on the TON blockchain. This allows users to send USD₮ as a direct message on Telegram and spend the same USD₮ for instant Tap cryptocurrency payments on Oobit. This development further highlights Tether’s position as a leader in digital assets, committed to shaping the future of finance.
A new era of accessibility, efficiency and convenience
This collaboration ushers in a new era of accessibility, efficiency and convenience for users around the world. Oobit offers a convenient and seamless Tap & Pay crypto experience as a strategic part of this collaboration. This integration will further expand the use of cryptocurrency as a means of payment, making it a practical and widely accepted option.
Empower individuals to unlock the full potential of digital assets
TON, a decentralized alternative to the conventional Internet through blockchain technology, plays a vital role in this collaboration. The TON blockchain works with Telegram, providing a simple and borderless experience for Telegram’s user base for peer-to-peer (P2P) payments. This integration offers convenient access to decentralized services, improving the overall user experience.
Promote mass adoption globally
With the overall goal of expanding the accessibility of USD₮ globally and facilitating the smooth transfer of value within the TON ecosystem, as well as providing a seamless Tap & Pay crypto experience with Oobit, Tether continues to lead the charge in transforming the cryptocurrency landscape and disrupting the traditional financial system.
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