Telegram Wallet Adds Yield-Generating Vaults
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Telegram's in-app crypto wallet has launched self-custodial vaults, enabling users to earn yields on Bitcoin, Ether, and USDt directly within the messaging platform. This integration represents a significant step toward mainstream adoption, as it simplifies yield generation for Telegram's massive user base while maintaining self-custody principles. The move could attract new retail participants who previously found DeFi protocols complex or intimidating.
From a market perspective, this development may increase demand for the supported assets, particularly USDt, as users seek stable returns. However, the long-term impact will depend on yield sustainability and regulatory clarity. The announcement highlights the growing convergence of social platforms and financial services, potentially setting a precedent for other messaging apps to follow suit.
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