Thursday, November 30, 2023

Volume Volcano: Telcoin V3 Nears Disruptive Late June Launch

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Ian Feldman
Ian Feldman
Ian Feldman is the lead editor for Business News Ledger. Ian has been working as a freelance journalist for nearly a decade having published stories in the New York Times, The Plain Dealer, The Daily Mail and many others. Ian is based in Detroit and covers issues related to entrepreneurs and businesses.

Anticipation is building for the beta release of Telcoin’s V3 wallet, which the team has repeatedly affirmed will be shipped to iOS and Android by the end of June.

Unlike many “sell the news” events that transpire in the crypto world, Telcoin once again finds itself in a strong and enviable position. Rather than being the culmination of a price increase, the arrival of V3 is expected to generate one.

“The next generation of the Telcoin Platform stack is architected to fully harness the power of DeFi and the reach of telecoms to bring fast and affordable, user-owned financial products to every mobile network subscriber in the world,” Telcoin asserted in an April news release.

Offering a collective bundle of services typically found on an individual basis from trading, wallet, savings, and remittance platforms, Telcoin’s V3 will be a one-stop-shop, enabling users in bull or bear markets alike to store, swap, send, and potentially stake certain ERC-20 tokens.

With Telcoin’s native TEL token set to be used soon for the crypto rails portion of the company’s global remittance services, traders expect a volcanic-style eruption in volume for TEL.

On the heels of V3, Telcoin recently updated its wallet app to expand the reach of the company’s digital money transfer service to 23 additional mobile money platforms in 16 countries.

“Pending ongoing partnership integrations, Telcoin users in additional sending markets – including the United States, Singapore, and Australia – will soon be able to send money to loved ones in these newly launched corridors as well,” the company said June 8th.

Following the release of Telcoin’s latest app update, the company confirmed long-held suspicions when it revealed partnerships with the mobile money divisions of Airtel and MTN.

Telcoin’s global remittance service is projected to be available to more than 300 million customers worldwide upon full launch through established partnerships.

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