WalletConnect has integrated with TON (The Open Network), connecting one of the fastest-growing Layer 1 ecosystems to its global network and expanding access to stablecoin payments across wallets, apps, and institutional platforms.
The integration brings TON’s rapidly growing stablecoin economy into WalletConnect’s infrastructure, making it easier to move value across consumer and institutional environments. As stablecoins continue to shift from a purely crypto-native asset into a practical payment format, this kind of connectivity is becoming increasingly important for enabling real-world financial activity onchain.
TON’s growth over the past two years has been closely tied to its connection with Telegram and the rise of mini-app commerce. This built-in distribution has driven a sharp increase in onchain usage, with daily active addresses surging in 2024 and adoption continuing to accelerate into 2025 and 2026. Over that period, activated wallets have grown steadily, reflecting sustained user engagement rather than short-term spikes.
At the center of this growth is stablecoin usage. There is now more than $700 million in stablecoins circulating on TON, with USDT accounting for roughly three-quarters of the supply. This points to a clear trend: TON is increasingly being used as infrastructure for digital dollar settlement, particularly in consumer-facing applications where speed and accessibility matter.
By adding TON, WalletConnect extends its payment rails into this expanding ecosystem. In practical terms, this means:
- Wallets can support TON-based stablecoin payments natively
- Apps can integrate onchain payments and settlement flows
- Institutions gain 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. Through Fireblocks’ network of over 2,400 institutional clients, organisations can now access TON-based DeFi, including liquidity pools and liquid staking, and incorporate TON into existing treasury and settlement workflows.
This expands TON’s reach across both sides of the market:
- Retail users interacting through wallets and apps
- Institutions participating in DeFi and settlement infrastructure
At the same time, TON’s DeFi infrastructure continues to mature. Platforms such as STON.fi, DeDust, Tonstakers, Affluent, Storm, and TONCO are contributing to a growing base of onchain liquidity and financial activity. As these markets expand, they support a broader range of payment-linked use cases, from trading and yield generation to more embedded financial experiences within apps.
The integration also reflects WalletConnect’s broader expansion across high-growth blockchain ecosystems.
Adding TON introduces a powerful combination of consumer distribution through Telegram and increasing stablecoin adoption, strengthening WalletConnect’s role as infrastructure for global crypto payments.
As stablecoins continue to gain traction as a payment mechanism, the ability to move value seamlessly across wallets, apps, and platforms is becoming a defining factor for adoption. Connecting ecosystems like TON into shared infrastructure helps reduce fragmentation and makes it easier for both users and institutions to participate in a more connected digital economy.
About WalletConnect
WalletConnect is the infrastructure powering crypto and stablecoin payments at a global scale. Founded in 2018, it connects over 500 million users across 700+ wallets and supports all major blockchains. In 2025, it facilitated more than $400 billion in transaction volume. Its flagship product enables merchants and payment providers to accept crypto and stablecoin payments with low fees and near-instant settlement through a single integration.
About TON Foundation
The TON Foundation is a non-profit organisation supporting the growth of the TON ecosystem by funding developers, creators, and businesses building on the TON blockchain. Founded in Switzerland in 2023, it focuses on ecosystem development, technical resources, and strategic partnerships, while TON itself remains open-source and community-driven.