The Currency analytics
By Maheen Hernandez
Telegram just dropped something big. The messaging giant rolled out cross-chain deposit functionality for its TON Wallet today, letting users fund their wallets with crypto from…
The new feature works with stablecoins like USDC and USDT from Ethereum, Solana, TRON, BSC, Polygon, Arbitrum, and Base - all getting converted automatically to USDT on TON at a…
Self-custodial wallets scare off newcomers. Too complicated.
Andrew Rogozov, who founded The Open Platform and runs Wallet in Telegram, said the update tackles this head-on.
Ivan Soto-Wright runs MoonPay and he's pretty excited about handling the backend complexity.
The deposit process itself is straightforward - users pick their tokens and source networks, get a deposit address, then confirm transfers from external wallets or exchanges.
But here's where it gets interesting for Telegram's broader strategy. The feature only works with the self-custodial TON Wallet that's built right into Telegram's interface.
Wallet in Telegram sits under The Open Platform umbrella, which claims over 150 million registered users across its services.
The timing feels deliberate. February 11, 2026 marks what Telegram's calling a major milestone for its wallet services.
Rogozov seems confident this MoonPay partnership will pull in new users who've been sitting on the sidelines.
The crypto industry's been pushing hard on user experience lately, and Telegram's move fits that trend.
Market observers think this could influence how other platforms approach blockchain integration.
MoonPay's regulatory framework probably sealed the deal for Telegram. With compliance requirements getting stricter globally, partnering with an established player makes sense.
Withdrawal functionality is coming soon, completing the circle for users who want to move assets back to other chains. Fees will apply, though Telegram hasn't specified rates yet.
The partnership reflects broader industry consolidation around user-friendly infrastructure.