Telegram Users Can Now Transfer USDT Through Chats
Telegram has added support for the world's largest stablecoin USDT by market cap on its wallet bot.
Telegram users can now send USDT to each other within chats in the messaging app, Telegram users can hold and conduct P2P transactions using USDT.
Telegram bot is allowed to manage cryptocurrency holdings including sending and receiving transactions, balance checking, and viewing transaction history.
The integration of USDT on the messaging platform can have several positive effects on the stablecoin like increased adoption and making it accessible to a wider audience.
Telegram users make transactions with each other directly within the app the integration of the wallet bot makes using stablecoin more convenient and user friendly which can encourage more users to use USDT Stablecoin for transactions.
Stablecoins such as USDT provide similar advantages as other cryptocurrencies, but with the added benefit of avoiding the price fluctuations that often affect Bitcoin and Ethereum. This makes stablecoins an essential option for users who want to keep their funds within the crypto ecosystem but without the uncertainty of sudden value fluctuations.
Related: Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project
