Telegram is taking a new step in the world of cryptocurrencies. Users of the messaging service can now earn returns on their Bitcoin (BTC), Ethereum (ETH) and USDT directly within the app. The feature is designed in such a way that everything works easily for the user.
Bitcoin and Ethereum are now yielding returns in Telegram
Telegram has launched so-called ‘self-custodial vaults’ within its app via Wallet. This allows users to earn a return on their crypto.
When users lock their tokens in these vaults, they receive a variable fee in return. This yield may increase or decrease depending on market conditions.
These are wallets where you maintain control over your coins. So you do not have to transfer your Bitcoin or Ethereum to a central party. You manage your own digital keys and remain in control of your own money.
According to Cointelegraph, Andrew Rogozov, CEO of The Open Platform, the company behind Wallet in Telegram, said: “At Wallet in Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life.”
According to Telegram, Wallet in Telegram now has more than 150 million registered users. That instantly makes it one of the largest platforms where this form of crypto return is available.
DeFi technology runs in the background
The technology behind the new function comes from the world of decentralized finance, also known as Decentralized Finance (DeFi). Telegram uses the Morpho lending platform for this service.
The crypto that users lock up is deployed within lending structures. The return is variable. When there is a high demand for loans, interest rates rise. If demand is low, the compensation decreases.
Moreover, there is always risk. For example, when a borrower cannot cover his position or when the market suddenly moves sharply.
For users, this technology remains in the background. In the app they simply see a clear and simple wallet.
Crypto crash costs Telegram millions
For Telegram, this is definitely not the first step into crypto. On the contrary, the platform is closely linked to it. Telegram has partnered with The Open Network, a blockchain project with its own cryptocurrency: Toncoin (TON).
The TON token plays an important role within the Telegram ecosystem and is an important source of income.
However, Telegram’s crypto focus also has a downside. Although the messaging app showed strong revenue growth in the first half of 2025, the company took a big hit from the recent digital asset crash.
The value of Toncoin has fallen by more than 84 percent since its all-time high a year and a half ago. This fall in prices led to large write-downs. As a result, Telegram ended the period with a loss of more than $220 million, despite rising revenues.
Source: https://newsbit.nl/telegram-laat-gebruikers-nu-rente-verdienen-op-bitcoin-en-ethereum/
