#TON Foundation to use TON Teleport BTC to increase the usefulness of Bitcoin.
TON Teleport BTC, an infrastructure that facilitates transfers between #Bitcoin and the TON ecosystem, has been introduced by the TON Foundation.
With regard to decentralized exchanges, lending protocols, and other DeFi utilities, TON Teleport BTC seeks to expand the applications of Bitcoin within the TON ecosystem.
The technology works without middlemen or restrictions; transactions are carried out using smart contracts and confirmed by TON blockchain validators.
TON has experienced a notable surge in user base, with 470,000 active addresses as of July 16. This growth is mostly because to the well-liked mini-games on Telegram.