According to a December 2023 report on cryptopolitan.com, the United Arab Emirates has switched to using its national currency instead of the U.S. dollar for oil sales.
One of the most interesting aspects of Pavel Durov's recent statements is his announcement that Telegram plans to set a cap on TON accumulation of no more than 10%. This could mean that advertising prices in Telegram ADS will be expressed in TON or will move to this currency designation over time. This move promises to be an interesting one, as the volume of ad traffic on Telegram could be a key factor in stabilizing TON, reducing its volatility and providing liquidity. While these changes may not happen instantly, they have the potential to become a reality over time.
As a result, Durov could create a new reality free of trading bots that manipulate prices on exchanges. The move could also lead to an increase in TON trading and establish it as the main currency on Telegram.
Durov's decision may have to do with the recent disagreement between him and the SEC. He may have decided to de-dollarize his platform, appealing to more users than the US. While this may seem like a fantasy, such expectations have been inherent in many cryptocurrencies and blockchain technology.
The decision to share 50% of ad revenue is a generous gesture on Durov's part. This approach could attract more content creators and help Telegram grow. It is beneficial for all parties and could lead to an increase in activity on the platform.
Durov is acting long-term and his moves could change the game in the cryptocurrency market. He understands the value of data in today's world and aims to use it to his advantage.