Telegram Rolls Out Gram Wallet, Expanding Crypto Reach

Telegram is expanding its cryptocurrency offerings with the rollout of Gram Wallet, giving selected users access to a built-in wallet. This move is part of Telegram's efforts to bring crypto payments and digital collectibles to a wider audience through its app.

The launch of Gram Wallet has pushed the price of GRAM up 0.56% in 24 hours, with trading volume increasing by 183%. Telegram CEO Pavel Durov said that the wallet will roll out gradually over the next few weeks rather than reach all users at once.

Gram Wallet allows users to store, send, and use digital assets within the app, making it a convenient way for users to engage with cryptocurrencies. The wallet also supports self-custody, instant transfers, and zero-fee transactions.