Telegram’s embedded crypto solution, Wallet in Telegram, is introducing new onchain yield options for Bitcoin, Ethereum, and Tether, the company announced Thursday.
The feature is delivered through TON Wallet, Telegram’s self-custodial solution, with blockchain partners Morpho, TAC, and Re7 providing the infrastructure to support onchain yield integration.
Big changes
The new “Vaults” let users deposit assets into onchain strategies designed to generate variable yields. Among USDT options, the top-yield strategy delivers a blended annual percentage yield (APY) of up to 18%, powered by Re7’s DeFi protocol.
BTC and ETH Vaults extend similar yield functionality to two of the largest cryptocurrencies by market capitalization.
The Vaults are fully self-custodial, letting users retain control over their private keys while participating in DeFi strategies. Since 2024, developers have sought to draw Telegram’s audience into The Open Network (TON), though sustaining long-term engagement has been challenging. Wallet in Telegram now counts over 150 million registered users.
Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram, said:
'With Vaults in TON Wallet, we are bridging the gap between sophisticated DeFi protocols and hundreds of millions of users. Access to self-custodial vault strategies for ETH, BTC, and USDT directly within the TON ecosystem is a massive step toward making decentralized finance truly universal.'
Meta enables stablecoin payments across apps
While Telegram focuses on bringing decentralized finance tools directly to its users, other major platforms are also exploring ways to integrate digital payments at scale. Meta Platforms is preparing to bring stablecoin payments to Facebook, WhatsApp, and Instagram later this year.
The approach relies on a third-party provider, likely Stripe, and a new in-app wallet, rather than issuing its own token.
This system will allow users and businesses to transact with digital dollars directly within the apps, reaching nearly four billion people globally.
Andy Stone, Meta communications director, said:
“Nothing has changed; there is still no Meta stablecoin. This is about enabling people and businesses to make payments on our platforms using their preferred method.”
Stablecoin integration could simplify peer-to-peer transfers, cross-border payments, and in-app commerce, showing how digital currencies are increasingly part of everyday online activity.
Maryna Hornieieva
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