Telegram Launches TON Wallet for US Users
Telegram has expanded its blockchain services by introducing the TON Wallet to users in the United States. This self-custodial crypto wallet, built on The Open Network (TON) blockchain, allows seamless sending, receiving, and storing of digital assets directly within the Telegram app—no external downloads required.
Key Features of TON Wallet
The TON Wallet offers several user-friendly features:
- Transfer USDT, Toncoin, and other TON-based tokens
- Full control of private keys with self-custodial design
- Built-in trading via Omniston and Ston.fi
- Token staking through third-party integrations
- Zero-fee USDT purchases using Apple Pay, Google Pay, or credit cards via MoonPay
- Direct crypto withdrawals to bank cards
Enhanced Security Measures
Egor Danilov, Chief Product Officer at The Open Platform, emphasized the wallet’s security features. Upcoming tools include whitelists, blacklists, and transaction emulation to protect users from scams.
Growing Adoption
With over 87 million US users and 100 million global activations in 2024, Telegram demonstrates strong potential for TON Wallet adoption. The Open Platform, the wallet’s developer, recently secured $28.5 million in Series A funding at a $1 billion valuation.