Telegram Targets 1 Billion Users With Feeless Gram Wallet Rollout
Key Takeaways
Pavel Durov announced a native non-custodial Gram wallet for Telegram, aiming to serve over 1 billion users with instant, feeless crypto payments. This expansion follows the TON blockchain's rebranding of Toncoin to Gram, signaling a major push into Web3
Woofun AI reports that Telegram is preparing to deploy a native Gram wallet, a move orchestrated by founder Pavel Durov to integrate The Open Network directly into the messaging app. This strategic alignment positions the platform to leverage its massive user base for cryptocurrency adoption, marking a significant shift in how digital assets are accessed within social media ecosystems.
The rollout is scheduled for this summer, targeting a user base that surpassed 1 billion monthly active users in 2025, according to the company. Durov made the announcement on Wednesday, framing the initiative as a historic milestone. This development arrives years after the project’s origins in a 2020 settlement with the US Securities and Exchange Commission (SEC), which forced the abandonment of the original blockchain effort detailed in the 2018 white paper.
Woofun AI data shows that structurally, the wallet is designed as a non-custodial solution, enabling users to send cryptocurrency instantly and without fees. Durov characterized this as the largest rollout of a non-custodial crypto wallet in human history.
Concurrently, The Open Network has moved to rename its native token from Toncoin to Gram, a rebranding that revives the asset’s original designation and reinforces the integration of Web3 functionality within the app.
This expansion underscores a broader roadmap to expand crypto services and facilitate self-custody crypto payments. By enabling peer-to-peer crypto payments, Telegram aims to expand access to digital finance for its global audience. The initiative represents a calculated effort to normalize cryptocurrency usage among mainstream users, potentially reshaping the landscape of decentralized finance adoption.
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