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Telegram Launches Crypto Wallet in US, Supports BTC, ETH, DOGE
ByAinvest
Wednesday, Jul 23, 2025 11:10 am ET1min read
Telegram has launched its cryptocurrency wallet, TON Wallet, in the US, allowing its 87 million users to send, receive, and manage cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin directly inside the app. The wallet is self-custodial and supports peer-to-peer transfers, swaps, staking, and zero-fee crypto purchases. The launch could increase competition with Block's Cash App and Coinbase Global.
Telegram has rolled out its cryptocurrency wallet, TON Wallet, to its 87 million users in the US. This self-custodial wallet allows users to send, receive, and manage cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin directly within the Telegram app [1].The TON Wallet is built on the TON blockchain and integrates seamlessly into the Telegram interface. Users can engage in peer-to-peer transfers, token swaps, staking, and zero-fee crypto purchases through partnerships with providers like MoonPay [2]. The wallet also supports off-ramp features, enabling users to withdraw cryptocurrency directly to their bank cards.
The launch of TON Wallet in the US marks a significant milestone for Telegram, as it had previously been unavailable due to regulatory uncertainty. The wallet is designed to lower the barriers for new crypto users by simplifying the onboarding process and providing a familiar user experience [3].
The introduction of TON Wallet is expected to increase competition in the US crypto market. Platforms like Cash App and Coinbase Global may face increased competition as Telegram's crypto-enabled ecosystem gains traction with mainstream users [4].
Telegram’s TON Wallet could set a precedent for other social networks looking to embed blockchain functionality directly into their ecosystems. By providing a secure and user-friendly crypto experience, Telegram is positioning itself at the forefront of crypto adoption within mainstream platforms.
References:
[1] https://techcrunch.com/2025/07/22/telegrams-crypto-wallet-launches-in-the-us/
[2] https://en.coinotag.com/telegram-expands-ton-wallet-to-us-users-offering-self-custodial-toncoin-transactions-and-defi-access/
[3] https://www.cnbc.com/2025/07/22/telegram-crypto-wallet-us.html
[4] https://cointelegraph.com/news/telegram-launches-native-crypto-wallet-for-87m-us-users
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