Telegram, a messaging app, has expanded its cryptocurrency services by adding tether (USDT) to its @wallet bot. This enables users to send USDT within chats, and represents an important development for Telegram’s crypto service. USDT is the world’s largest stablecoin by market cap, and offers many of the benefits of other cryptocurrencies without the price volatility that can be associated with them.
How could integrating crypto payments into messaging apps benefit mainstream adoption?
Integrating crypto payments into messaging apps could be a positive development for mainstream adoption of cryptocurrencies. It has the potential to make sending cryptocurrency as easy as sending a text or a photograph, which could help to increase the number of people using cryptocurrencies.
What other cryptocurrencies can you send via Telegram?
In addition to USDT, Telegram has previously added bitcoin (BTC) and toncoin (TON) to its @wallet marketplace, with the latter also available for sending within chats. However, the development of the TON blockchain project was abandoned in 2020 following legal battles with the U.S. Securities and Exchange Commission (SEC). Nevertheless, TON was kept alive by members of its community, who continue to advance the project.
How to send USDT via Telegram?
Here is a step-by-Step Guide on How to Use Telegram’s @Wallet Bot for USDT Transactions
- Open the Telegram app and go to @Wallet.
- To buy or sell USDT coins or BTC, use the bot’s payment card option. You can also buy $USDT at exchanges such as Bybit and transfer it to your Telegram bot wallet for more convenience.
- Select “Add to Attachment Menu” to use the bot conveniently in any chat box.
- A pop-up will appear, announcing that the crypto bot wallet has been created successfully. Select “Open Wallet” to continue.
- To transfer USDT to the wallet, click “Deposit” and then copy the wallet address.
- Click “Deposit” again to transfer $USDT to your Telegram bot wallet. Telegram may ask you to click “Share” to share the phone number.
- Once you have some assets in your wallet, you can trade with others via chat.
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