- Telegram also plans to back direct deposits of native Bitcoin and Ethereum, which will come in wrapped form in the TON ecosystem to permit earning and transfers
- The platform focuses on eliminating the technical barriers normally linked with DeFi, comprising various wallet setups.
Wallet in Telegram publicised on February 27 that it is introducing on-chain yield options for holders of BTC, ETH and USDT directly from the Telegram messaging app. The feature runs via TON Wallet, the self-custodial solution inserted in Wallet in Telegram, and was made in collaboration with the lending protocol Morpho, execution layer TAC (TON Applications Chain), and strategy provider Re7
The new product rolls out “vaults”, which allows users to deposit assets into on-chain strategies that captivate variable returns. In the group of available options, the high-yielding USDT strategy offers an amalgamated annual percentage yield of up to 18%, supported by the Re7 DeFi strategy
BTC and ETH vaults stretch yield access to two of the most extensively held crypto assets over the globe. The founder and the chief executive officer of The Open Platform and Wallet in Telegram, Andrew Rogozov, mentioned the feature is made to take sophisticated DeFi tools to a mainstream audience
He also mentioned that access to self-custodial vault strategies for ETH, BTC and USDT directly within the TON ecosystem is a significant step toward making decentralised finance completely universal
Deep Dive into Funds
The platform focuses on eliminating the technical barriers normally linked with DeFi, comprising various wallet setups, network bridges, and third-party applications. Wallet in Telegram claims more than 150 million registered users, and the vault feature keeps users in the interface of Telegram all over the process
Funds are under user control via self-custody, and the strategies are made so that users deal with a simple interface instead of underlying protocol mechanics. The platform also plans to back direct deposits of native Bitcoin and Ethereum, which will come in wrapped form in the TON ecosystem to permit earning and transfers
The overall operating revenue of Telegram attained $870 million in the first six months of 2025, a 65% surge from $525 million in the same period a year earlier. About $300 million of the overall amount came from exclusivity agreements associated with its associated token, TON
Highlighted Crypto News Today:
U.S. Spot Bitcoin & Ethereum ETFs See First Weekly Gains Amid February Volatility
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