Telegram's built-in TON blockchain-based wallet expands cryptocurrency access for its over 100 million users.

The Open Network (TON) has announced plans to significantly expand the Telegram Wallet's cryptocurrency custody services, adding support for over 50 new altcoins.

This expansion will enable trading of these 50+ altcoins, including XRP, and offer users yield programs. The wallet currently supports TON, Bitcoin (BTC), and USDT.

This upgrade, launching in two months, will provide over 100 million Telegram users access to a wider range of cryptocurrencies.

While the final list is still being finalized, it's expected to include popular altcoins such as Ethereum (ETH), XRP, Dogecoin (DOGE), and PEPE. Users will also gain access to an "Earn" feature, enabling them to generate returns on assets like Tether (USDT).

Initially, newly added altcoins will be limited to buy, sell, and hold functionalities within the wallet. Transferring altcoins (excluding TON) out of the wallet will not be permitted in this first phase.

*This is not investment advice.