TON Foundation launches TON Pay, aiming to develop Telegram into a comprehensive crypto payment and settlement platform, enhancing its functionality and user experience in digital currency transactions.

SmartContractAuditor · 2026-02-09T11:26:46+00:00

Open Network Foundation launches TON Pay payment tool, aimed at supporting daily consumption of cryptocurrencies within the Telegram ecosystem. The tool is wallet-independent, supports multiple tokens, and aims to enable fast, low-cost transactions. Initially, it will operate within Telegram Mini Apps, with plans to expand to Web and other platforms in the future.

SmartContractAuditor

2026-02-09 11:26:46

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Odaily Planet Daily News: The Open Network Foundation announced the launch of the payment software development kit TON Pay, aimed at enabling cryptocurrencies to be used for everyday transactions within the Telegram ecosystem. TON Pay is positioned as a payment layer independent of wallets, supporting merchants and Mini App developers to accept crypto payments directly within Telegram.

Nikola Plecas, Vice President of Payment Business at TON Foundation, stated that TON Pay can be integrated with a single SDK, supporting multiple tokens including Toncoin and USDT, with the goal of achieving sub-second transaction confirmation and an average fee of less than $0.01. The system will initially operate within Telegram Mini Apps, with plans to expand to Web and other platforms later, and gradually support subscription payments, gas-free transactions, and regional fiat withdrawal services. (Cointelegraph)

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