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WalletConnect Adds TON to Expand Stablecoin Payment Reach - Crypto Economy
WalletConnect announced that it has integrated TON, bringing The Open Network into its payments infrastructure and widening access to stablecoin transfers across wallets, apps, and institutional platforms. The company framed the move as an expansion of payment rails into one of the fastest-growing Layer 1 ecosystems.
The integration plugs TON’s stablecoin economy into WalletConnect’s global network at a time when more than $700 million in stablecoins is circulating on TON, with USDT accounting for roughly three-quarters of supply. WalletConnect said the upgrade will let wallets support TON-based stablecoin payments natively, allow apps to add onchain payment and settlement flows, and give institutions access to TON’s DeFi and liquidity layer. Early adoption is already underway, with Fireblocks and SafePal among the first to integrate TON through WalletConnect.
The next point to watch is whether this connectivity translates into broader payment usage across Telegram-linked consumer apps and institutional treasury workflows. For WalletConnect, the integration strengthens its role in stablecoin infrastructure; for TON, it expands distribution across both retail and institutional channels as onchain financial activity continues to deepen.
Source: WalletConnect.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.