TLDR
- Telegram has launched the TON Wallet for 87 million users in the United States.
- The wallet allows users to send, receive, and store digital assets within the Telegram app.
- TON Wallet supports Toncoin, USDT, and other tokens built on The Open Network blockchain.
- Users maintain full control of their private keys through the wallet’s self-custodial design.
- The wallet integrates trading tools and offers staking options through third-party services.
Telegram has launched the TON Wallet for its 87 million users in the United States. The rollout brings self-custodial cryptocurrency features directly into the Telegram app. This marks a significant step in expanding blockchain functionality within a mainstream messaging platform.
Users can now send, receive, and store digital assets without needing additional apps or browser extensions. Telegram integrates the wallet into its interface, simplifying access to crypto tools and services. With this move, the company strengthens its presence in blockchain-based financial technology.
The TON Wallet is built on the Open Network (TON) blockchain and is supported by the TON Foundation. It supports transactions with Toncoin, USDT, and other tokens based on the TON network. Its design ensures users retain full control of their private keys.
Toncoin Support Expands Telegram’s On-Chain Ecosystem
Telegram users in the US can now use the TON Wallet to manage Toncoin directly within the app. The wallet supports Toncoin transactions in a format that mimics sending regular messages. This design offers simplicity while preserving security through a self-custodial setup.
TON Wallet users can access a growing number of Mini Apps powered by the TON blockchain. These include tools for payments, games, decentralized finance (DeFi), and digital marketplaces. Users interact with these services without leaving the Telegram interface.
The Open Platform developed TON Wallet to be the central access point for TON’s ecosystem. With over 100 million global wallet activations in 2024, the integration signals wide adoption. The wallet is expected to enhance Telegram’s in-app economy and user engagement.
TON Wallet Adds USDT Transfers and Trading Tools
TON Wallet also enables USDT transfers with 0% fees when using Apple Pay, Google Pay, or credit cards via MoonPay. This feature reduces friction for stablecoin users and supports broader adoption of digital payments. The wallet processes USDT transactions with the same ease as chat messages.
The wallet includes built-in trading tools through integrations with Omniston and Ston.fi. These tools let users buy, sell, and trade tokens within the Telegram app. The platform also supports staking through third-party services for users seeking passive income options.
For the first time, TON Wallet offers an off-ramp function for US users. This allows direct withdrawals of crypto funds to supported bank cards, simplifying cashing out without requiring third-party exchanges or additional apps.
Expansion Follows $28.5M Funding and Global Growth
The Open Platform, the developer of TON Wallet, recently completed a $28.5 million Series A funding round. Ribbit Capital led the round, with participation from Pantera Capital. The funding placed the company’s valuation at $1 billion.
Telegram previously integrated the wallet across Asia and Russia through its main menu. The US release now opens the door to one of the company’s largest markets.
