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TON

Telegram's TON Wallet Launch Could Challenge U.S. Financial Apps

The TON Wallet has now become accessible in the United States, allowing over 87 million Americans to send and receive cryptocurrencies directly via Telegram. Integrated within Telegram's interface and based on the TON blockchain, this custodial wallet provides users exclusive access. Its current features include peer-to-peer transfers of stablecoins as messages, token exchanges, staking, buying crypto without fees via MoonPay, and integration with Mini Apps inside Telegram. The CEO of The Open Platform, Andrey Rogozov, emphasizes that their goal is to eliminate barriers, embodying the cryptocurrency philosophy of borderless accessibility. Globally, TON Wallet is already used by over 100 million people, marking it as the first embedded wallet of its kind on an American messaging platform. With this expansion, Telegram positions itself as a potential competitor to Cash App and Coinbase in the U.S.
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AI Analysis

The launch of TON Wallet within Telegram in the U.S. marks a significant development for the adoption of cryptocurrencies in mainstream communication channels. By embedding a multi-functional crypto w...

AI Recommendation

Investors should monitor the adoption rate of TON Wallet within Telegram in the U.S. and observe market reactions. The integration of a comprehensive crypto wallet directly into a widely used messagin...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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