Tether Partners With Oobit and TON for Crypto Payments

As an experienced financial analyst, I believe this partnership between Tether, Oobit, and the TON Foundation marks a significant step forward in making cryptocurrency payments more accessible and convenient for users. With Tether’s dedication to enhancing the decentralized financial market and expanding USDT and XAUT availability on Telegram through TON, it is clear that these companies are committed to driving innovation and promoting the adoption of digital currencies.


As a crypto investor, I’m excited about Tether’s latest announcement of partnering with Oobit and TON. Our goal is to make cryptocurrency payments more convenient for users. Tether is committed to advancing the financial industry through decentralized technology, enabling us all to explore the digital currency realm even further.

— Tether (@Tether_to) May 16, 2024

The TON blockchain integrates with Telegram, enabling easy access for users to transact with USDT and XAUT digital assets. This integration allows for seamless Peer-to-Peer (P2P) transactions within the Telegram platform.

“Tether is thrilled to partner with Oobit and the TON Foundation for the purpose of enhancing Tether’s functionality and advocating for the use of cryptocurrency transactions. This alliance demonstrates our dedication to fostering advancements and inclusivity in the cryptocurrency sector. In collaboration, we will offer banking services to the underbanked community and transform the way people conduct crypto transactions, making them simpler and more practical.” – Paolo Ardoino, Tether CEO’s perspective on the partnership.

Amram Adar, the CEO of Oobit, shared their objective of introducing individuals to the digital assets sphere. He discussed how Oobit is making strides in enabling merchants to accept fiat currency as an option, even if they receive payments in USDT, thereby making cryptocurrency a hassle-free payment solution.

The collaboration between Tether, Oobit, and TON offers significant benefits for the crypto industry. Transactions will be executed in a seamless manner through this partnership.

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2024-05-17 03:49