The integration of Tether’s USDT stablecoin onto The Open Network (TON) blockchain represents a significant development in the cryptocurrency landscape. As of today, October 26, 2025, this collaboration, facilitated with Telegram and the TON Foundation, aims to make cryptocurrency payments as simple as sending a text message, offering low-cost transactions.
What is TON?
The Open Network (TON) is a revolutionary blockchain platform designed to handle millions of transactions per second. It offers a suite of services beyond simple transactions, including:
- TON Storage: Provides private, encrypted storage using the wallet owner’s private key.
- TON Proxy: Enables access to the TON blockchain through decentralized VPNs.
- TON DNS: Allows traditional websites to function within the TON network using short, readable names.
USDT on TON: Key Features and Benefits
Tether, the issuer of the world’s largest stablecoin with a market capitalization exceeding $108 billion, has expanded USDT natively onto the TON blockchain; This means users can now directly hold and transact USDT within the TON ecosystem.
Low-Cost Transactions
One of the primary benefits of using USDT on TON is the significantly reduced transaction fees compared to other blockchains like Ethereum. This makes it ideal for microtransactions and everyday payments.
Seamless Integration with Telegram
The partnership with Telegram allows for effortless USDT payments directly within the messaging app, streamlining the user experience and broadening accessibility.
Jetton-Based Implementation
On the TON Blockchain, USDT is supported as a jetton based on a stablecoin contract. This implementation ensures compatibility and efficiency within the TON ecosystem.
USDT Support Across Multiple Blockchains
Bitfinex customers now have the ability to deposit USDt across 18 different blockchains and withdraw USDt across 15. Supported blockchains include Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, and more.
Bridging USDT to Other Networks
While Phantom wallet currently does not support the TON blockchain directly, users can still access USDT on TON by bridging it to networks supported by Phantom, such as Ethereum, SPL, or Polygon. This can be done through TON wallet apps or dApps.
Conversion Rates
As of today, the USDT to TON conversion rate is approximately 0.46. Conversely, 1 TON is equivalent to roughly 2.15 USDT. These rates are subject to change based on market conditions.
Important Considerations
- Coinbase currently only supports USDT on the Ethereum blockchain (ERC-20).
- After September 1, 2025, USDT redemptions and transfers will no longer be supported on Omni, SLP, Algorand, Kusama, and EOS. Users are advised to move their USDT to supported blockchains like TON.
LayerZero Integration
TON’s integration with LayerZero is crucial for connecting the TON network to Tether’s USDt stablecoin ecosystem, further enhancing cross-chain interoperability.
Future Developments
Tether is also planning to launch its own blockchain called Plasma, aiming to offer zero-fee USDT transfers, potentially impacting blockchains like Tron.
The integration of USDT on TON represents a significant step towards wider cryptocurrency adoption, offering a faster, cheaper, and more accessible way to transact with stablecoins.
A solid introduction to TON and its potential. The seamless Telegram integration is a major selling point.
The future developments section is a bit vague. More specifics on what’s planned would be appreciated.
The LayerZero integration mention is intriguing. That could open up even more possibilities for interoperability. Looking forward to seeing that unfold.
The article is a bit too focused on the benefits and doesn’t address potential risks or challenges.
Excellent explanation of TON’s features beyond just transactions – Storage, Proxy, and DNS are often overlooked. Good job covering those.
This is a well-structured and informative article. It clearly outlines the benefits of USDT on TON.
The article is a bit light on the risks involved. A section on potential downsides would be beneficial.
Really well-written article. The focus on low-cost transactions is key – that’s a huge advantage over Ethereum. Excited to see how this develops.
A comprehensive overview of the benefits of USDT on TON. Very informative and well-written.
The Telegram integration is a game-changer. Makes crypto so much more accessible to the average user. Great article highlighting this.
This is a fantastic overview of TON and the USDT integration! The explanation of Jetton-based implementation is particularly helpful for those unfamiliar with the TON ecosystem.
Good article! It would be helpful to see a comparison of transaction fees between TON, Ethereum, and perhaps Solana.
The article is well-written and easy to understand, even for those new to crypto. Great job!
The integration with Telegram is a brilliant move. It makes crypto accessible to a much wider audience.
The bridging to other networks aspect is important. Interoperability is key for wider adoption.
Good coverage of the key features. The conversion rates section could be expanded with some examples.
I’d like to see more information on the scalability of TON. Can it really handle millions of transactions per second?
The article could benefit from a discussion of the regulatory landscape surrounding USDT and TON.
Overall, a very informative and well-written article. It provides a good overview of TON and its integration with USDT.