The stablecoin revolution has officially hit Telegram. In just 10 months since its April 2024 launch, USDT on TON has exploded to $1.4 billion in circulation. That’s not just growth—it’s a rocket ship strapped to a larger rocket ship.
The numbers don’t lie. Over 1 million addresses now hold USDT on TON, achieved in under 6 months. Pretty impressive for the new kid on the blockchain. Weekly transaction volume hit $2.4 billion by August, with 4.5 million transactions in a single month. That’s a lot of digital money changing digital hands.
USDT on TON isn’t just growing—it’s exploding, with 1 million holders and $2.4 billion weekly volume in record time.
Paolo Ardoino, Tether’s CTO, couldn’t help but brag about these figures on February 12, 2025. Who could blame him? The 41% surge in circulating supply pushed USDT on TON past the billion-dollar mark faster than any stablecoin in crypto history. Talk about a growth spurt.
Telegram’s 800 million monthly active users certainly didn’t hurt. The integration with TON wallets directly in the Telegram app made sending USDT as easy as sending a cat meme. As a fiat-backed stablecoin, USDT requires regular audits to verify its 1:1 backing with traditional currency. Users are eating it up—especially with yields reaching up to 50% annualized. Money printer go brrr, indeed.
The impact on TON’s ecosystem has been seismic. The blockchain’s TVL increased 10-fold in 2024, hitting $260 million after a 46% jump in just one month. The TON token itself reached $5.67, with $120 million in trading volume on Binance in 24 hours. Not too shabby. This growth coincides with the introduction of unverified tokens called Points that allow for more cost-efficient distribution with reduced fees.
What’s next? Analysts are throwing around price predictions from $7 to a wildly optimistic $20 by year’s end. The more conservative estimates put TON between $7-$10. Time will tell.
One thing’s clear—with 3.3 million new users in 6 months and weekly active users exceeding 5 million, USDT on TON isn’t just growing fast. It’s rewriting the playbook on stablecoin adoption.
And Telegram’s massive user base means this party’s just getting started.
