Mercuryo, a leading global payments company, has joined forces with TON to revolutionize the crypto landscape by introducing seamless fiat-to-crypto conversion services tailored specifically for USDT.

The collaboration marks a significant milestone in the realm of digital finance, leveraging TON's innovative infrastructure to facilitate the integration of Tonkeeper, a cutting-edge self-custody wallet supporting transactions within Layer 1 of The Open Network (TON), alongside various other digital currencies.

Aviessa Khoo, the esteemed Executive Director of Mercuryo based in Singapore, expressed profound satisfaction with the rollout of on-ramp services dedicated to Tether tokens (USDT) within the dynamic TON ecosystem. These pioneering services have been meticulously crafted to streamline the process of converting fiat currency into USDT, thereby enhancing the efficiency of transactions across the network.

In a move poised to disrupt the industry, Mercuryo's integration extends to Wallet, the renowned Telegram crypto wallet boasting a staggering user base exceeding 900 million individuals. This integration empowers users to execute instant, fee-free transfers of USDT seamlessly among Telegram contacts on a global scale.

"USDT support within the TON ecosystem represents a pivotal step towards fostering a mass-market economy on a decentralized network, marking a historic milestone in the evolution of digital finance," remarked Oleg Andreev, CEO of Ton Apps Group.

Looking ahead, Mercuryo has outlined plans to introduce off-ramp services in the forthcoming spring season, enabling users to effortlessly convert cryptocurrency back into fiat currency. These coveted features will be seamlessly integrated into Wallet and other leading wallets within the expansive TON ecosystem, thus augmenting its overall functionality and user experience.

Moreover, the TON Foundation has unveiled an ambitious incentive program, earmarking a staggering 11 million Toncoin to incentivize and promote the widespread adoption of USDT within its thriving network. This strategic initiative underscores TON's unwavering commitment to fostering innovation and driving the adoption of digital assets.

During the prestigious Token2049 conference, Telegram founder Pavel Durov provided insights into the latest developments within the TON ecosystem, shedding light on a myriad of groundbreaking features. These include the integration of payments for advertisements, tipping functionalities in TON, the sale of NFT stickers, and the introduction of crypto-based account functionalities, further solidifying TON's position at the forefront of the digital revolution.