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Telegram plans to launch an unmanaged RAM wallet for 1 billion users this summer

2026-07-22 12:07:54
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Telegram CEO announces launch of native cryptocurrency wallet to all users

Telegram's CEO announced plans to promote a native cryptocurrency wallet to all users of the instant messaging application. Pavel Durov issued a statement directly on Telegram on July 21, calling it "the largest unmanaged crypto wallet promotion in human history." The wallet will be available to approximately 1 billion users of the platform.

Durov did not disclose the specific technical details of the wallet, but confirmed that it will support instant, zero-fee cryptocurrency transactions. In addition to mentioning the launch this summer, he did not give an exact release date.

Instant zero-fee transactions for 1 billion users

This statement is related to the rebranding plan Durov disclosed last month. As part of an effort to accelerate ecosystem development, The Open Network's native token, Toncoin (TON), has officially been renamed GRAM. At the same time, Telegram replaced the TON Foundation as the main manager of the network. The company also took over the role of the network's largest verifier, giving it direct operational control of the blockchain it originally created.

Telegram has previously operated a stand-alone encryption product called "Wallet in Telegram", a self-managed wallet that reported more than 150 million registered users in early 2026. The product allows users to store and trade digital assets while controlling their own private keys. It is unclear from Durov's statement whether the new wallet will replace existing products or coexist with them.

Telegram's roots with blockchain can be traced back to 2018, when the company launched the original TON project and sold GRAM tokens to raise funds. The U.S. Securities and Exchange Commission stepped in to block the sales, ruling that they were unregistered securities issues. Telegram suspended the project under legal pressure and returned funds to investors. Later, an independent community of developers restarted the network without Telegram's direct involvement. Although Telegram's user base already has a large number of people active in the cryptocurrency space, the built-in native wallet will also bring digital asset tools to hundreds of millions of users who have never used such tools before.

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