Wallet in Telegram, the digital asset solution integrated into the messaging app, has launched cross-chain deposit functionality for its self-custodial TON Wallet. The feature, powered by MoonPay's infrastructure, allows over 100 million users to fund their wallets using assets from the most popular blockchains without needing bridges, swaps, or manual conversions.
The integration enables users to deposit USDC or USDT from Ethereum, Solana, TRON, BSC, Polygon, Arbitrum, and Base directly into the TON Wallet. These stablecoins are automatically converted at a 1:1 rate into USDT on the TON blockchain. This removes the previous requirement for users to already hold TON-native assets to participate in the ecosystem.
Furthermore, the launch introduces functionality for depositing Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which are automatically converted into Toncoin (TON) upon arrival. A withdrawal feature, allowing users to move USDT on TON back to USDT or USDC on other major blockchains at a 1:1 rate (subject to network and service fees), is slated for release soon.
Andrew Rogozov, Founder and CEO of The Open Platform and Wallet in Telegram, stated, "One of the biggest challenges in crypto adoption is the first step – getting users funded and ready to participate. Until now, using TON Wallet meant already having assets on TON, which created unnecessary friction... Now, we’re removing that barrier entirely." He emphasized the goal is to make entering and exiting the TON ecosystem as seamless as using a custodial wallet while preserving self-custody.
Ivan Soto-Wright, CEO of MoonPay, added, "Users shouldn’t have to buy new assets or navigate complex steps just to fund an account. We simplify the process by letting people use the crypto they already have while we handle the technicalities behind the scenes."
The new deposit flow is designed for simplicity: users select a token and originating network, receive a deposit address, and initiate the transfer from their external wallet or exchange. The feature is available exclusively in the self-custodial TON Wallet, which is part of Wallet in Telegram's dual-wallet setup and is fully integrated into the Telegram interface.
This development is positioned as a major step in reducing onboarding friction for Web3 on Telegram, aiming to make the platform a leading gateway by combining its massive user base with open blockchain infrastructure.
