Bittime - Mercuryo, a leading global payment infrastructure provider, previously announced the launch of a fiat-to-crypto on-ramp for Tether (USDt).
USDT is the largest stablecoin for digital tokens, in a series of wallets across the ecosystem of The Open Network (TON), a blockchain project with a fast and scalable Layer 1 network.
This move demonstrates Mercuryo's commitment to expanding TON accessibility and driving mass adoption of the Toncoin (TON) crypto asset worldwide.
By integrating a fiat-to-crypto on-ramp, Mercuryo allows users to easily purchase USDt using a variety of local payment methods, including credit cards, bank transfers, and e-wallets.
The rollout of this on-ramp has begun with integration in Tonkeeper, a popular self-custody wallet in the TON ecosystem. Tonkeeper allows users to receive, buy, spend and exchange TON and other digital tokens.
Mercuryo's integration with Tonkeeper will provide a seamless and secure experience for users in purchasing USDt with fiat.
"We are excited to launch this on-ramp service for Tether (USDt) across the growing TON ecosystem," said Aviessa Khoo, Executive Director, Singapore, at Mercuryo. "This once again demonstrates Mercuryo's capacity to deliver superior and seamless payment solutions in partnership with the most venerable pillars in the digital token space."
Increased USDt Utility in the TON Ecosystem
The presence of USDt on TON opens up new opportunities for users to take advantage of various services and decentralized applications (dApps) in the TON ecosystem. USDt can be used as a means of payment, a unit of storage of value, and collateral in a variety of dApps, including NFT marketplaces, DeFi platforms, and blockchain games.
Mercuryo's integration with Wallet, a popular crypto wallet on Telegram, will further expand USDt's reach in the TON ecosystem. Wallet has over 900 million users, making it an ideal platform to introduce USDt to a wider audience.
Check Today's Crypto Market:
Toncoin Price TON/IDR Today
Source: Bittime.com
On April 22 2024, the price of Toncoin TON/IDR was at IDR 100,428 per coin, down 1.95% in 24 hours.
Also Read How to Buy Crypto:
Support for the Mass Market Economy in TON
"USDt support on TON enables a true mass market economy on a decentralized network for the first time in history," said Oleg Andreev, CEO of Ton Apps Group.
"Tonkeeper enables people around the world to store and pay securely with USDt. We are proud to have the Mercuryo exchange integrated into Tonkeeper, providing a great user experience."
The launch of Mercuryo's fiat-to-crypto on-ramp for USDt on TON is a significant step in driving mass adoption of TON and Toncoin .
By providing an easy and safe way for users to buy USDt, Mercuryo opens the door for more people to explore the full potential of the innovative and fast-growing TON ecosystem.
Stories About Mercuryo
Mercuryo is a global payments infrastructure provider at the forefront of connecting the traditional world with the blockchain ecosystem. Founded in 2018, Mercuryo has become a trusted partner for some of the world's leading crypto projects, including MetaMask, Trust Wallet , Ledger, Jupiter, 1inch, and PancakeSwap .
Mercuryo is committed to providing secure, scalable and easy-to-use payment solutions that drive mass adoption of blockchain technology. By offering a variety of local payment methods and integration with leading crypto wallets and exchanges, Mercuryo makes access to the world of decentralized finance more accessible to everyone.
Stories About TON
The Open Network (TON) is a fast, scalable, and secure Layer 1 blockchain project designed to support a decentralized digital economy. TON offers a variety of innovative features, including:
- Unlimited scalability: TON can handle millions of transactions per second, far exceeding the capabilities of traditional blockchains.
- Low fees: Transactions on TON are very cheap, allowing users to save money.
- Strong security: TON uses advanced cryptographic technology to protect user funds.
- Easy usability: TON is easy to use and understand, even for users with no previous experience with blockchain.
TON has the potential to revolutionize the way we interact with the internet and open up new opportunities for businesses and individuals.
Check Crypto Prices Today:
How to Buy Toncoin (TON) on Bittime
You can buy and sell Toncoin (TON) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Toncoin (TON) is available on Bittime with the market pair TON/IDR . To be able to buy TON/IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Toncoin (TON), Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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