Tether, the company behind the $108 billion market cap USDT, has expanded its offerings on Telegram’s The Open Network (TON), introducing its U.S. dollar-pegged USDT and the gold-pegged Tether Gold (XAUT) stablecoins. CEO Paolo Ardoino, speaking at Dubai’s Token2049 event, announced this strategic expansion into Telegram’s Web3 ecosystem, aiming to revolutionize peer-to-peer payments and integrate seamless financial services for its over 900 million monthly active users. Telegram, a privacy-focused messaging app, has recently embraced TON—a blockchain initially developed by Telegram and now operated independently.