According to Pavel Durov, Telegram added more than 1 million self-custodial wallets within 48 hours. Wallets activate automatically when users receive Grams, eliminating the need for manual setup. This mechanism removes barriers to crypto adoption—new users receive tokens without understanding seed phrases or downloading separate applications. The milestone reflects Telegram's distribution advantage: the platform has over 1 billion monthly active users. TON, the blockchain powering Telegram's wallet, averaged 4.06 million daily transactions in October and added approximately 2.73 million wallets throughout the month. Stablecoin activity on TON grew 23.44% month-over-month to 37,693 daily users in October, suggesting use cases beyond speculation.
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