Telegram brings message-style crypto transfers to US with TON Wallet launch
Main Idea
Telegram has launched the TON Wallet in the US, enabling message-style crypto transfers within the app, marking a significant expansion of its blockchain ecosystem.
Key Points
1. TON Wallet is now available to US users directly within the Telegram app, built on the TON blockchain for seamless chat integration.
2. The wallet supports crypto transfers, staking, and zero-fee purchases via Apple Pay, Google Pay, and credit cards through MoonPay.
3. TON Wallet employs a split-key backup system to simplify onboarding while preserving self-custody.
4. The launch follows TON's expansion in Asia and Russia, where over 100 million users activated the wallet in 2024.
5. A critical vulnerability in the TON Virtual Machine was recently revealed, but the network avoided major disruption.
Description
Telegram has officially launched its cryptocurrency wallet powered by The Open Network for users in the United States. As disclosed in a July 22 press release , TON Wallet is now available to American users directly within the Telegram app, making it the first self-custodial crypto wallet integrated into a major social messaging platform in the US market. US users can now send, receive and manage digital assets, including Toncoin and stablecoins, without requiring separate downloads, browser ext...
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