MoonPay Powers Wallet-to-Wallet Crypto Transfers for 100m+ Telegram Users

MoonPay Powers Wallet-to-Wallet Crypto Transfers for 100m+ Telegram Users

MoonPay, the global crypto funds infrastructure supplier, has launched MoonPay Deposits, a new resolution designed to simplify the strategy of funding crypto accounts across different blockchains.

The feature has launched first within Wallet in Telegram, enabling its person base of over 100 million to fund their self-custodial TON Wallets utilizing property held on other networks.

Removing cross-chain friction

Ivan Soto-Wright, co-founder and CEO of MoonPay

Traditionally, transferring property between blockchains—such as sending Ethereum to a TON deal with—requires customers to navigate complicated bridging protocols or a number of exchanges. Errors in network choice can often result in failed transactions or misplaced funds.

MoonPay Deposits goals to take away this technical barrier by managing the swapping, bridging, and cross-chain routing in the background. Users can select to ship property including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or stablecoins from their current exterior wallets, and MoonPay delivers the transformed steadiness immediately into their TON Wallet.

Ivan Soto-Wright, co-founder and CEO of MoonPay, commented:
“Users shouldn’t have to buy new assets or navigate complex steps just to fund an account. We simplify the process by letting people use the crypto they already have while we handle the technicalities behind the scenes, making it easier to move value across the ecosystem and access a broader range of applications.”

Boosting TON adoption

For the Telegram ecosystem, the integration addresses a major hurdle to adoption: the requirement for customers to already possess property on the TON network to get began.

Andrew Rogozov, founder and CEO of the open platform and pockets in Telegram, said:
“One of the biggest challenges in crypto adoption is the first step – getting users funded and ready to participate. Until now, using TON Wallet meant already having assets on TON, which created unnecessary friction and limited access to the broader ecosystem. Now, we’re removing that barrier entirely.”

The resolution is now live within the self-custodial TON Wallet part of the Wallet in Telegram interface.

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