Telegram Wallet Added USDT Staking Option

By
Tana Harina

05/02/2024

4,4

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TON Foundation have launched a bonus program that allows Telegram wallet owners to stake USDT.

As part of the collaboration between Tether and Telegram and the launch of USDT stablecoin on the TON network, the TON Foundation team has launched a USDT staking opportunity in the Telegram messenger wallet.

The program will run until May 30 and will allow earning 50% APY in the first two weeks of the campaign and 25% in the last two weeks. The team has allocated a total of $30 million for this campaign.

To participate in the program, users need to log in to their Telegram wallet, pass verification, fund it and send up to 3,000 USDT to staking. All rewards will be paid in Toncoin at the market rate.

Meanwhile, more major exchanges continue to add USDT support to the TON network. One of the latest exchanges was Bitfinex, emphasizing that USDT on the TON network will cause even more excitement in the market.

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