Telegram Launches Self-Custodial TON Wallet in U.S., Merging Messaging and DeFi for 87M Users

Wallet in Telegram has launched its self-custodial TON Wallet in the United States, marking a significant integration of cryptocurrency functionality into mainstream messaging platforms. The update enables users to send, receive, and manage digital assets—such as USDT, Toncoin (TON), and non-fungible tokens (NFTs)—directly within Telegram chats without requiring browser extensions, app downloads, or seed phrases. The wallet is described as the first self-custodial solution natively embedded into a widely used messaging app, offering users full control over their private keys and funds.

Andrew Rogozov, CEO of The Open Platform (TOP) and Wallet in Telegram, emphasized the seamless experience: “We’ve embedded crypto natively into Telegram, not as an add-on, but as part of how people already communicate.” The wallet supports direct transfers of TON-based assets, integration with TON Connect for cross-app transactions, and off-ramp functionality via MoonPay, allowing users to withdraw funds to bank cards or purchase crypto using Apple Pay, Google Pay, or credit cards. Additionally, users can access third-party protocols offering competitive annual percentage yields (APYs) and utilize built-in trading tools.

The launch aligns with Telegram’s 87 million U.S. user base, a figure the team expects to drive a significant expansion of the TON Blockchain ecosystem. With over 100 million global users already registered for Wallet in Telegram, the U.S. rollout is positioned as a pivotal step toward integrating decentralized finance (DeFi) into everyday interactions. Max Crown, CEO of the TON Foundation, highlighted the initiative’s potential: “This isn’t just about convenience—it’s about putting financial freedom in the hands of real people and delivering real utility through a platform they use every day.”

Analysts note that the integration of self-custodial wallets into a messaging app could lower barriers to crypto adoption, particularly for users unfamiliar with traditional wallet setups. By eliminating the need for separate apps or technical knowledge, Telegram’s approach may appeal to mainstream audiences seeking frictionless access to Web3. The absence of fees for USDT purchases via major payment methods further enhances user accessibility, potentially accelerating the adoption of TON-based assets and applications.

The move also underscores the growing convergence of communication and decentralized finance. While competing wallets often require users to navigate multiple platforms, Telegram’s native integration streamlines the process, positioning it as a unique proposition in a crowded market. The focus on security—ensuring users retain control of their private keys—aligns with industry trends prioritizing non-custodial solutions, though it remains to be seen how user behavior will evolve in response to these features.

As the TON ecosystem expands, the integration of DeFi tools, mini-apps, and marketplaces into Telegram could catalyze broader participation in Web3. However, the long-term impact on TON’s token price or ecosystem growth remains uncertain, with the team acknowledging that the launch’s effects on metrics like usage rates and transaction volumes will unfold over time. For now, the initiative represents a strategic effort to redefine how users interact with digital assets, leveraging Telegram’s existing infrastructure to bridge traditional and decentralized finance.