Telegram has significantly strengthened its position in the cryptocurrency space, announcing that their cryptocurrency business will exceed $1.3 billion in the first half of 2024. The main driver of growth is the integration of crypto payments in the messenger through TON (The Open Network), which facilitates transactions for more than 800 million active users. This move allowed Telegram to create a new ecosystem for digital payments, including convenient token exchange and support for smart contracts.
The developers plan to further expand the functionality of TON and launch new services, including P2P payments and NFT platforms. Analysts believe that Telegram can become one of the key players in the world of cryptocurrencies, as it provides a unique integration of technology into everyday life. This development caused a wave of interest from investors and stimulated the growth of the popularity of the TON network
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