The wallet in Telegram adds DeFi “Vaults” to earn BTC, ETH and USDt
Telegram's built-in crypto wallet has introduced a feature that allows users to earn in major cryptocurrencies within the messaging app.
The update introduces Deposits in Ton Wallet, a self-sustaining wallet integrated into Wallet within Telegram, allowing users to hold, send and earn on Bitcoin (BTC), Ether (ETH) and Tether's USDt (USDT) without leaving the chat interface.
“At Wallet at Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life,” said Andrew Rogozov, CEO of Telegram's open platform and wallet.
The system is a decentralized finance (DeFi) infrastructure powered by the loan network Morpho, the TON ecosystem execution layer TAC (TON Applications Chain) and strategy provider Re7. The tools run in the background, with users interacting with a simple interface similar to a typical app wallet as advertised.
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Telegram aims to simplify DeFi's revenue.
The goal of Wallet in Telegram is to make it easier for everyday users to earn on crypto by eliminating the technical steps typically associated with DeFi services that require multiple wallets, network bridges, and external applications.
The Vault strategies generate variable returns and allow users to manage their funds in their own custody, the announcement said. USDT Vaults offer dollar-denominated income generation strategies at various risk levels, while BTC and ETH Vaults extend similar functionality to the two largest cryptocurrencies, according to the announcement.
A spokesperson for Telegram Wallet told Cointelegraph that the goal is to make the onchain product accessible in an easy way — directly in a self-sustaining wallet embedded in the main consumer app.
The Telegram wallet also plans to support direct deposits of Bitcoin and Ether, which will come bundled into the Tons ecosystem for access to transfer and earning features.
The wallet in Telegram claims to have more than 150 million users.
Related: Kraken-Backed xStocks Launches on TON Wallet ‘In Almost All Markets'
Ton launches a crypto payment tool for merchants
Earlier this month, the Ton Foundation introduced Ton Pay, a payment software development kit that allows merchants and Telegram mini-app developers to accept cryptocurrency within Telegram.
Telegram has increased its operating income significantly in 2025, reporting $870 million in the first half of the year, a 65 percent increase from $525 million a year ago. About $300 million of the revenue came from exclusivity deals related to the associated cryptocurrency Toncoin (TON).
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