According to Pavel Durov, Telegram's founder, more than 1 million self-custodial wallets activated on the messaging platform within 48 hours, according to his X post. Wallets activate automatically when users receive Grams tokens, requiring no manual setup. This viral distribution mechanism removes barriers to crypto adoption: new users do not need to understand seed phrases or download separate applications before holding or transferring assets.

The milestone reflects activity across The Open Network (TON), Telegram's blockchain. TON averaged 4.06 million daily transactions during October and added approximately 2.73 million wallets that month. Daily stablecoin users on TON reached 37,693 in October, up 23.44% from September, while stablecoin supply stood at $585 million.

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