Telegram sees over 700,000 self-custodial wallets created in 48 hours
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Telegram recorded more than 700,000 new self-custodial crypto wallets in a 48-hour span, with Pavel Durov linking the figure to the platform’s expanding access to its native Gram Wallet. The same update was also reported by another newsroom, which described the surge as a sign of rising interest in self-custody on Telegram.
Key claims & sources
What it means
Telegram has spent years positioning itself as more than a chat app, and wallet features fit into that push by bringing payments and crypto functions into the same interface. Self-custodial wallets matter because they put control of keys with the user rather than a custodial intermediary, which is central to how many crypto users think about ownership. A figure like 700,000 new wallets in 48 hours suggests that Telegram’s distribution reach can move adoption quickly when it opens access to a native wallet product.
For Telegram users, this kind of rollout can make crypto activity feel more immediate inside a familiar messaging app, instead of requiring a separate exchange or wallet provider. Builders around Telegram may see a larger audience for wallet-linked services, while users also have to handle the responsibilities that come with self-custody. The practical shift is not about trading mechanics here; it is about where crypto access begins and how many steps stand between an account and a wallet. (per cryptobriefing.com)
Telegram’s wallet push also sits inside a larger tension in crypto between convenience and control. A messaging platform that folds self-custody into its product can widen access, but it also concentrates a key financial function inside one major app. That raises questions about how much of crypto’s original promise survives when onboarding is mediated by a single platform with global scale.
Still unresolved is how many of these wallets remain active after the initial burst and how Telegram will develop the Gram Wallet from here. The figures cited here cover a 48-hour window and do not show user retention, transaction volume, or whether the new wallets are used for payments, transfers, or holding assets. A fuller picture would come from Telegram’s own follow-up on wallet activity and product rollout plans.
Market reaction i
We only have 2 data points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Crypto Briefing
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U.Today
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