According to Telegram founder Pavel Durov's X post, more than 1 million self-custodial wallets were created on the messaging platform within 48 hours. Wallets activate automatically when users receive Grams, eliminating the need for manual setup or separate app downloads. In October, The Open Network (TON), which powers Telegram's wallet, recorded 4.06 million daily transactions on average and added approximately 2.73 million new wallets—the highest monthly addition since October 2024. Stablecoin daily active users on TON increased 23.44% month-over-month to 37,693 in October.
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