Telegram has officially launched its built-in crypto wallet in the U.S., providing users the ability to conduct crypto transactions and manage digital assets.
Launch of TON Wallet
The TON Wallet crypto wallet is now available for Telegram users in the U.S. This marks the first instance of a self-custodial wallet being integrated into a messaging platform within the U.S. market.
Wallet Features and Capabilities
The wallet allows users to send stablecoins, swap tokens, and manage digital assets without needing separate apps. Transactions can be conducted directly within Telegram, utilizing a backup system that links credentials to the user’s account.
Regulatory Changes and Their Impact
The wallet's launch followed improvements in the regulatory environment, allowing Telegram to cater to the growing interest in cryptocurrencies among U.S. users. According to the company's CEO, this event was driven by the significant growth of Telegram's user base in the country, now exceeding 87 million.
With the launch of TON Wallet, Telegram aims to simplify the use of cryptocurrencies, enabling users to easily interact with digital assets in their familiar messaging environment.
