TOKEN2049 conference

Briefly about of Durov’s speech and Tether CEO at the TOKEN2049 conference

• Pavel Durov took the stage and began his speech with words about protecting freedom in cryptocurrency.
• Informed that commissions will be reduced and  transactions will be accelerated.
• Soon Telegram will have the opportunity to buy digital goods with cryptocurrency. To this end, Telegram has already entered into partnerships with more than 70 payment systems, including Stripe.
• Telegram will also make it possible to send tips in cryptocurrency based on #TON starting next week. Content authors will receive 70% of the income.
• We announced stickers and emoji in NFT format, which will allow creators to receive income from their works in the form of 95% royalties.
• Telegram is starting to promote mini-applications this year, which should increase their audience from 360 to 720 million users.

🌐 Tether CEO said on stage that the capitalization of USDT exceeds $117 billion today and USDT is a salvation for millions of people around the world, as protection against inflation of local currencies and freedom of movement of capital.

💰 Integration of USDT on the TON blockchain allows for low transfer prices and the ability to pay commissions in USDT itself.

🪙 TON Foundation allocated 11 million #TON to reward early users of #USDT on the network.

For a limited time, the rewards program:

▫️ 5 million Toncoin will be used to increase rewards in the USDt/TON liquidity pools on TON DEX @ston_fi and DeDust.

▫️ 5 million Toncoin will be distributed to users who deposited USDt as part of the Wallet’s Earn campaign.

▫️ Transferring funds to TON from all supported exchanges such as OKX, Bybit, MEXC and KuCoin will be completely free for all users until the end of June 2024.

▫️ USDt on TON is not available to users located in the United States, US territories, or citizens of the United States and other countries listed in the Tether Terms of Service.