Telegram’s crypto wallet launches in the US

Telegram is expanding access to its crypto wallet for its 87 cardinal users successful the U.S.

The TON wallet, named due to the fact that it is built connected the TON blockchain, is integrated straight into the Telegram app. By existing wrong the app, Telegram’s crypto wallet is expected to signifier an easier onramp for caller crypto users.

Telegram has offered crypto wallets to planetary users since 2023, though it was incapable to rotation retired successful the US until present owed to regulatory uncertainty. Telegram says much than 100 cardinal planetary users activated their wallets past year, which is astir 10% of Telegram’s 1 cardinal progressive users. Public data shows that astir 334,000 transactions are processed connected the TON blockchain per day.