MyTonWallet, the wallet application built for The Open Network blockchain, has introduced support for Tron.
The TON wallet revealed its multi-chain capabilities in a post on X on September 23, indicating that users can now manage TronDAO assets through its platform. In particular, MyTonWallet has added support for Tron (TRX) and Tether (USDT) on the Tron network.
A multi-chain wallet enables users to monitor their balances, review transaction histories, and send or transfer assets on both the TON and Tron networks. The self-custodial wallet’s expansion to include Tron aligns with the ongoing growth and adoption of both TON and Tron blockchain networks.
As the tap-to-earn models and meme coin movements gain traction within these ecosystems, this integration may enhance interoperability between the two chains.
Expanding the TON ecosystem
Toncoin (TON), the primary cryptocurrency within the TON ecosystem, serves key functions for network operations, acting as a medium of exchange and transaction currency. The DeFi, gaming, and non-fungible token sectors on TON rely on this cryptocurrency, facilitating trading and token swaps on decentralized exchanges.
Additionally, USDT on TON is an asset that the Telegram-associated project is leveraging to drive growth within its DeFi landscape.
On September 6, the TON team announced a new initiative to support the expanding market with a $5 million incentive program.
This program is designed to enhance the use of USDT on decentralized exchanges based on TON, specifically DeDust and STON.fi. Meanwhile, liquid staking protocols like Bemo and Tonstakers will also benefit from this initiative.
