Telegram’s TON Wallet Now Available to U.S. Residents

On July 22, the non-custodial TON Wallet enabled American users to manage digital assets via the Telegram messenger. This was reported to ForkLog by the service’s developers.

At launch, U.S. residents have access to cryptocurrency transfers within Telegram chats, integrated trading and analytics tools, staking, transaction signing, direct deposit, and withdrawals to bank cards through MoonPay.

Users retain full control over their private keys and funds.

The launch of Wallet in the U.S. also provides access to a multitude of applications for gaming, payments, DeFi, and various trading platforms, including the Fragment auction.

“We are removing barriers and providing U.S. residents with direct, intuitive access to DeFi through an app they already know and trust. It’s about financial freedom in the hands of real people and delivering real value,” said Max Krone, CEO of TON Foundation.

The expansion of Wallet is part of the “strategic course” of the TON Foundation to broaden operations in the U.S. According to Sensor Tower analysts, Telegram has over 87 million American users.

Back in March, TOP developers announced the launch of the next generation of the Wallet. The updated product line includes Trade and Earn sections.