Telegram Launches Self-Custodial Crypto Wallet in U.S.
Telegram Launches Self-Custodial Crypto Wallet in U.S.

Telegram Launches Self-Custodial Crypto Wallet in U.S.

News summary

Telegram has launched its integrated, self-custodial TON Wallet for its 87 million U.S. users, following its earlier international release. Developed on the TON blockchain by The Open Platform, the wallet allows users to send, receive, and store cryptocurrencies like Bitcoin, Ethereum, Solana, Toncoin, and stablecoins directly within the Telegram app. Users benefit from zero-fee crypto purchases using Apple Pay, Google Pay, or bank cards, and can cash out assets to their bank accounts. This marks the first embedding of a self-custodial crypto wallet in a major U.S. messaging platform, expanding access to blockchain features such as staking, trading, and DeFi. The rollout was enabled by changing U.S. regulatory conditions and Telegram's expanding user base. Telegram emphasizes user security and ease of use in its push to mainstream crypto adoption.

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