The third-party cryptocurrency wallet Mini App on Telegram, known as Wallet in Telegram, has shared plans to expand its services. The announcement details plans to broaden the number of cryptocurrencies available to its users to over 50 and to introduce a new “earn” feature.
The new enhancements to the financial app are being initialized by The Open Platform (TOP), a major developer in the Open Network ecosystem, and a stakeholder in Wallet in Telegram. The updates to the wallet will add a diverse range of crypto assets such as Ether, XRP, Dogecoin, and Pepe.
The new generation of Wallet in Telegram is expected to be available in the next two months. The “Earn” feature will allow users to earn yields on several assets including Tether’s USDt. However, during the initial rollout, availability will be limited to in-app transactions of non-TON tokens. Thus, users won’t have the ability to deposit or withdraw these tokens on-chain.
It remains important to clarify that the list of tokens provided at launch is not yet finalized and will unfold over the coming months. The first release aims to have 50 assets ready for trading within the platform.
In concert with the allotment of various altcoins, the developers are also working on new “Trade” and “Earn” sections within the wallet. The “Earn” program will initially offer a flexible yield on TON deposits, beginning with a minimum deposit of 0.1 TON. The yield will be generated through TON staking, offering users more ways to potentially grow their wealth using the app. This feature is planned to be extended to include more altcoins and stablecoins such as Tether’s USDt.