TON Wallet goes live for Telegram users in US
Telegram has begun rolling out its native cryptocurrency wallet to U.S. users, advancing its blockchain service offerings. The TON Wallet, built on The Open Network (TON) blockchain, is a self-custodial wallet integrated directly into the Telegram app, allowing users to send, receive, and store digital assets without needing external downloads. U.S. users can engage with the TON ecosystem, including gaming and decentralized finance applications, right from their chat interface. The wallet supports direct transfers of USDT, Toncoin, and other tokens and includes features such as zero fees on USDT purchases via Apple Pay or credit cards. Notably, it also introduces an off-ramp functionality for withdrawals to bank cards. Egor Danilov, chief product officer at The Open Platform, emphasized its role as a gateway to in-app payments and Mini Apps, while the company is implementing safety features to protect users from scams. Globally, Telegram activated over 100 million wallet users in 2024, highlighting a substantial growth opportunity, especially with 87 million users in the U.S.
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