TON Foundation Expands to the U.S., Appoints Manuel Stotz as President  

• TON Foundation plans U.S. growth under Trump’s crypto-friendly policies, appointing Manuel Stotz to strengthen its blockchain presence. 
• Telegram’s TON network supports 950M users, facilitating payments and gaming with Toncoin, now eyeing U.S. expansion in a favorable climate. 
• A Bitcoin reserve and blockchain regulation: The Trump administration seeks to make the U.S. the center of the crypto universe. 

Telegram-backed blockchain project TON Foundation is stepping up efforts to enter the American market. This development is in line with the perceived favorable regulator regime expected under the new Trump administration. Developed as an innovation-driven organization, the foundation is ready to expand its opportunities in the United States and improve its global positioning. 

The crypto industry expects a boost now that Donald Trump is back to the presidency. His administration has vowed to put the United States at the forefront of digital assets’ use. These are to create a Bitcoin strategic reserve and to encourage the development of blockchain technology. 

The circumstances favorable for stakeholders in the blockchain business are ripe, and TON blockchain, a part of Telegram’s environment, is ready for them. Currently, it has 950 million users, and they can make pre-click in-app payments and play games using the cryptocurrency, Toncoin. It is as a result of this integration that the network is seen to be capable of operating in a pro-crypto United States market. 

Changing of Guard to Steer U.S. Plan 

Due to further growth, the TON Foundation has added a new member to its team, and, accordingly, Manuel Stotz became the new president. Stotz, the founder of Kingsway Capital, brings extensive experience in blockchain and emerging markets. His leadership marks a significant step in aligning the foundation’s strategies with the burgeoning U.S. market. 

Stotz replaces Steve Yun, who played a pivotal role in shaping the foundation’s vision. Yun will remain on the board to provide strategic guidance, ensuring a smooth leadership transition. Addressing the foundation’s mission, Stotz remarked, “TON is uniquely positioned to lead the blockchain revolution, and I am eager to drive this mission forward, particularly in the dynamic U.S. market.” 

Crypto Community Optimistic About Upcoming Policies

The crypto sector has shown enthusiasm for Trump’s pro-crypto stance. Industry leaders are rallying behind proposals to establish a federally-backed Bitcoin reserve worth $21 billion. The Bitcoin Policy Institute has also urged executive measures to enhance crypto banking access and create a dedicated council for digital assets. 

Toncoin is utilized directly on the TON blockchain and is an essential factor in Telegram’s environment. From their official website, it serves to do with payments and gaming for millions of users around the world. This is especially so since the expansion of the foundation to other regions including the U.S. will further increase the utility of Toncoin due to the positive regulatory policies.