Telegram has launched its TON Wallet for its 87 million U.S. users, implementing a split-key backup system for self-custody that ties one key to the user's Telegram account and the other to their email. COO Pavel Rogozov emphasizes, “Our goal is to remove as much friction as possible.” The wallet offers peer-to-peer transfers, zero-fee crypto purchases via MoonPay, and support for decentralized apps, potentially increasing competition with platforms like Cash App and Coinbase.