According to Pavel Durov, more than 1 million self-custodial wallets appeared on Telegram within 48 hours, driven by an automatic wallet activation mechanism. Users do not need to manually create accounts; wallets activate when they receive Grams, creating a viral distribution model that removes adoption barriers like seed phrases and separate app downloads.

TON, the blockchain powering Telegram's wallet, averaged 4.06 million daily transactions during October and added approximately 2.73 million wallets throughout the month. Stablecoin activity reached 37,693 daily users in October, up 23.44% from September, with total stablecoin supply at $585 million, suggesting growing utility beyond speculation.

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