More than 550 million active users surf messages on Telegram each month.


As told via a Twitter post on Tuesday, instant-messaging app wire has rolled out crypto payments via Toncoin (TON). 

To access the feature, users initial got to prefer in via Telegram’s official wallet larva, that permits them to buy cryptocurrency by credit card, exchange and transfer to different wallets. according to the corporate, they'll then send Bitcoin (BTC) or Toncoin to different users by clicking on the “Wallet” icon in direct messages. 

TON stands for The Open Network and was created by wire in 2017 for decentralized services like decentralized storage, anonymous networks, DNS, instant payments et al employing a proof-of-stake mechanism. Cointelegraph previously rumored that wire abandoned TON in may 2020, following a lengthy battle with the united states Securities and Exchange Commission. 

The decision came as the SEC alleged that the company sold  unregistered securities to the general public through its initial coin providing. To complicate the matter, a new royal family decide had previously dominated that the corporate couldn't distribute Grams, a token likened to TON from the then-Telegram Open Network, to investors outside of the united states.

( Zhiyuan Sun, Cointelegraph, 2022 )