Telegram Launches TON Wallet in U.S. as Regulatory Shifts Spur Crypto Adoption Targeting 87M Users

Telegram’s TON Wallet has officially launched in the United States, marking a pivotal moment in the integration of self-custodial cryptocurrency tools into mainstream communication platforms. The wallet, developed by The Open Network (TON), is now accessible to Telegram’s 87 million U.S. users, offering a seamless experience for managing stablecoins and digital assets without leaving the messaging app. This move positions Telegram as a key player in expanding crypto adoption, leveraging its massive user base to bridge the gap between everyday communication and decentralized finance (DeFi).

Unlike traditional crypto wallets that require separate apps or complex setup processes, TON Wallet is embedded directly within Telegram’s interface. Users can send stablecoins, swap tokens, and manage digital assets without downloading additional software or memorizing seed phrases. The wallet employs a split-key backup system, linking recovery credentials to the user’s Telegram account and email address. This design eliminates the need for browser extensions or external verification steps, aligning with Telegram CEO Andrew Rogozov’s vision of minimizing friction in crypto transactions.

The U.S. launch follows years of regulatory uncertainty that previously delayed the wallet’s availability in the region. Rogozov noted that the past year’s shifts in the crypto regulatory environment—such as the Securities and Exchange Commission (SEC) narrowing its enforcement focus—created a more favorable climate for innovation. The timing also coincides with Telegram’s growing U.S. user engagement, particularly among existing crypto enthusiasts. Over 100 million global wallet activations have been recorded since 2024, indicating strong early adoption outside the U.S.

TON Wallet’s partnership with MoonPay further enhances its appeal by enabling zero-fee crypto purchases and debit card integrations. By outsourcing compliance-sensitive functions to third-party providers, Telegram avoids direct regulatory exposure while offering users accessible on-ramps to the crypto ecosystem. The wallet’s design philosophy—blending messaging with financial utility—reflects a strategic bet on usability. Stablecoin transfers, for instance, function similarly to sending a text message, reducing the learning curve for mainstream adoption.

Analysts view the launch as a significant test of consumer appetite for integrated crypto tools. By embedding self-custody within a widely used platform, Telegram challenges traditional fintech and DeFi models that rely on standalone apps. The 87 million U.S. users represent a vast, untapped audience for crypto adoption, though success will depend on the wallet’s ability to maintain user trust and navigate evolving regulations. For now, the initiative underscores Telegram’s commitment to positioning itself as a gateway to decentralized finance, leveraging its infrastructure to simplify crypto interactions for everyday users.