US users can send and store digital assets like USDT and TON directly in the messaging app without additional installation.
Telegram has officially launched a self-managed TON wallet for US users, allowing digital asset management directly within the messaging app without downloading external software. This is a breakthrough step in integrating blockchain technology into mass communication applications, opening up decentralized financial access for tens of millions of US users.
The self-managed TON wallet allows users full control of their private keys and assets, while providing the ability to send, store, and manage digital assets like Tether and Toncoin directly within the Telegram environment. This integration completely eliminates the need to install a separate wallet app, creating an unprecedented seamless user experience in the cryptocurrency field.
Key features of the wallet include the ability to send digital assets directly in Telegram conversations, access to an integrated trading tool with real-time market charts, participate in Staking to earn yields, and purchase USDT without fees through Apple Pay, Google Pay, and credit cards via Moonpay service. Notably, for the first time, users can withdraw money directly to their bank card through Moonpay's off-ramp function.
Andrew Rogozov, CEO of The Open Platform – the entity developing the TON wallet platform, emphasized: "We have natively integrated cryptocurrency into Telegram, making sending digital assets now as simple as sending a message." TOP is one of the key Web3 tool developers for the Telegram ecosystem, playing a crucial role in realizing the vision of mass decentralized finance.
Expansion Potential and Market Impact
Max Crown, CEO of TON Foundation, assessed the US deployment as "an important step in making decentralized finance part of daily life" by eliminating barriers through an intuitive interface in a familiar app. This strategy reflects the increasingly clear trend of bringing blockchain technology into mainstream applications.
Data shows significant expansion potential for this initiative. In 2024, over 100 million global users have activated TON wallets, while Telegram currently has over 87 million users in the US. The development team expects the TON wallet user growth rate to surge strongly as the US market is explored.
Users can access the service via t.me/wallet link or the "Wallet" section in Telegram app settings. The TON wallet is positioned as the main gateway to the TON blockchain ecosystem, covering diverse areas such as Web3 games, payments, DeFi, and trading platforms like Fragment.
