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Telegram Expands TON Wallet to US Users, Offering Self-Custodial Toncoin Transactions and DeFi Access

2025-07-22 13:51:07

Telegram Expands TON Wallet to US Users, Offering Self-Custodial Toncoin Transactions and DeFi Access

Main Idea

Telegram has expanded its TON Wallet to US users, offering self-custodial crypto transfers, DeFi access, and direct off-ramp features, aiming to integrate blockchain technology into social media.

Key Points

1. The TON Wallet allows US users to transfer USDT, Toncoin (TON), and other TON-based tokens, including NFTs, directly within the Telegram interface.

2. The wallet includes built-in trading functionalities through partnerships with Omniston and Ston.fi, enabling token staking and trading without external applications.

3. Users benefit from 0% fees on USDT purchases via Apple Pay, Google Pay, or credit cards through MoonPay, making crypto more accessible.

4. The US launch targets over 87 million Telegram users in the US, with over 100 million global users activating TON Wallet in 2024.

5. The Open Platform, behind TON Wallet, secured $28.5 million in Series A funding, valuing the company at $1 billion, to innovate in Web3 and social media integration.

Description

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