🎉 Telegram will launch a developer toolkit (SDK) to enable crypto payment integration

Morgan Ellis

🎉 Telegram will launch a developer toolkit (SDK) to enable crypto payment integration

The solution, called TON Pay, is presented as a payment interface that operates independently of any specific wallet.

💠 Potential reach1.1 billion monthly active Telegram users.

💠 Developers and merchants will be able to accept Toncoin (TON) and stablecoins (USDT) directly within Telegram mini apps, without being tied to a single custody solution or payment flow.

💠 The SDK combines payment infrastructure, settlement processing, and the checkout stage. According to the development team, this integrated structure reduces technical complexity and streamlines implementation.

💠 The system is designed to process transactions in less than one second, with an average fee below one cent.

💠 Context: TON is the native cryptocurrency of The Open Network, a layer 1 blockchain. Originally created by Telegram and now managed by the TON Foundation, Toncoin supports an ecosystem that includes transactions, staking, governance, decentralized storage, and payments. A key feature is its dynamic sharding architecture, which enables horizontal scalability by splitting the network into smaller chains as demand increases. This allows the processing of millions of transactions per second (TPS), positioning TON as one of the most scalable blockchains, particularly suitable for high-traffic applications such as DeFi and gaming.

#news #technology #crypto

🏦 Payouter.com reliable payment partner in the CIS and 🇮🇳India: Intent, UPI P2C conversion 54% on FTD

newstechnologycrypto

Comments