Crypto in Your Pocket: Telegram's New Wallet Feature
Telegram has just rolled out a new feature for its U.S. users: a built-in crypto wallet. This isn't just any wallet; it's a self-custodial one, meaning users have full control over their private keys. No extra apps or logins are needed—everything happens right within the Telegram interface.
Key Features
- Self-Custodial Wallet: Users retain full control over their private keys.
- Seamless Integration: No additional apps or logins required.
- TON Blockchain: Developed by The Open Platform (TOP).
- Stablecoin & Token Transfers: Send digital assets like messages to contacts.
Why It Matters
This is a big deal because it's the first time a self-custodial crypto wallet has been integrated into a mainstream messaging app in the U.S.
Global Success & U.S. Launch
- Over 100 million users activated the wallet globally in 2024.
- U.S. launch delayed due to regulatory uncertainties.
- Regulatory conditions improved, making the U.S. market more attractive.
"Regulatory conditions have improved, making the U.S. a more attractive market." — Andrew Rogozov, CEO of TOP
Beyond Messaging
Telegram has a lot of crypto-savvy users, and this wallet is a key part of the platform's growing ecosystem. It's not just about sending money; it's about storing assets and interacting with Mini Apps. This could make Telegram a one-stop shop for both messaging and financial transactions.