In a scene not unlike the courtship between Misheck and Natasha, Telegram’s humble crypto purse, once merely a vessel for the simple sending and receiving of coins, has suddenly become a sprawling imperial castle of decentralized finance. The guardians of this kingdom, the developers, have slipped a mantle of yield into the wallet, inviting Bitcoin, Ethereum, and the ever‑charming USDT to dance inside its gilded chambers.
Behold the most dashing of these songs of profit: a heralded USDT stratagem that sings a blended APY of up to 18 percent, powered by the enigmatic Re7. Ethereum and Bitcoin, too, have received their own invitations to the ball, though their tunes are said to be as changeable as a winter storm and no precise numbers have been disclosed.
Three grand architects toil behind the curtain. First, Morpho-a vast lending network that already caters to more than ten billion dollars in deposits-provides the very scaffolding. Next, TAC, the very layer that summons wrapped Ethereum (wETH) and Coinbase‑wrapped Bitcoin (cbBTC) into the TON realm. Finally, Re7 stands guard, managing risk and curating the strategies that form the heart of this pastoral financial theatre.
TON’s Pivot Away From Tap-to-Earn
The timing of this venture is as sharp as a reciting fencer’s blade. After a season of frivolous tap‑to‑earn cabals flooded the app’s mini‑app cafés, the public’s fever cooled as fast as ice in the sun. Thus, the TON wilderness, bereft of fruit, seeks a new beacon to keep its wanderers attached.
Two weeks ago, they unsheathed cross‑chain deposits via MoonPay, letting the masses stream capital into the TON Wallet from Ethereum, Solana, Tron, and other great rivers of cryptocurrency. Now those rivers converge upon a newfound estuary: the vaults. A fitting destiny, one might say, for those who prefer their coins to be more than mere ornaments.
Andrew Rogozov, founder and chief executive of The Open Platform and Wallet in Telegram, once remarked, “With Vaults in TON Wallet, we are bridging the gap between sophisticated DeFi protocols and hundreds of millions of users.”
“Providing users with self‑custodial vault strategies for ETH, BTC and USDT directly within the TON ecosystem is a colossal step toward making decentralized finance truly universal,” he added, half solemn, half bemused.
What Users Should Know Before Depositing
Remember that this is a place of self‑custody; one keeps the reins. Yet the 18 percent APY on USDT is not a fixed, iron‑clad promise but rather a blended melody that shifts with market wind and strategy performance. The BTC and ETH vaults echo the same fickle nature, with no concrete numbers offered for either.
What’s Next for Telegram’s Crypto Wallet
Wallet in Telegram has their sights set on allowing users to deposit native BTC and ETH directly, followed by an automatic conversion to cbBTC and wETH-a sort of alchemical transmutation within the TON Wallet. The platform, with over 150 million registered souls, stands as one of the largest crypto holdings of any messaging app, a true testament to the ubiquity of digital exchange.
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2026-02-26 15:06