#telegramexpectedtolaunchgramwallet
Telegram’s crypto wallet reaches a billion users. Even its name keeps changing
Few crypto products have access to a distribution network comparable to Telegram’s, but the rollout of its wallet looks more like a staged reveal than a single launch.
Here’s the timeline: Toncoin was renamed Gram in June, then, on July 21, Pavel Durov announced that Telegram would integrate a non-custodial Gram wallet into its apps, promising instant, fee-free transfers. A gradual rollout to selected users reportedly began around August 31, briefly driving GRAM higher before it fell back. This week, code from Telegram version 13.0 pointed to a wider launch, while the old Wallet service was renamed Walt and geared toward trading and investing. A later article claimed that the wallet had been renamed Money and opened to all users, so its exact status and name are still being clarified. Several questions remain unanswered, including how fee-free transfers will be funded and what will happen to existing wallet integrations.
Telegram’s crypto wallet reaches a billion users. Even its name keeps changing
Few crypto products have access to a distribution network comparable to Telegram’s, but the rollout of its wallet looks more like a staged reveal than a single launch.
Here’s the timeline: Toncoin was renamed Gram in June, then, on July 21, Pavel Durov announced that Telegram would integrate a non-custodial Gram wallet into its apps, promising instant, fee-free transfers. A gradual rollout to selected users reportedly began around August 31, briefly driving GRAM higher before it fell back. This week, code from Telegram version 13.0 pointed to a wider launch, while the old Wallet service was renamed Walt and geared toward trading and investing. A later article claimed that the wallet had been renamed Money and opened to all users, so its exact status and name are still being clarified. Several questions remain unanswered, including how fee-free transfers will be funded and what will happen to existing wallet integrations.