Pavel Durov just announced Telegram will ship a native non-custodial Gram wallet to every version of its app this summer. If that actually happens, over 1 billion people will have access to self-custody crypto without ever downloading a separate app. GRAM jumped roughly 8% within hours of the announcement. Here’s what you need to know about the rollout, why it matters, and what could go wrong.

What the Telegram Gram Wallet Actually Is

Durov called it the “largest rollout of a non-custodial crypto wallet in human history.” Bold claim, but the math checks out — MetaMask, crypto’s most popular self-custody wallet, has tens of millions of users. Telegram has over a billion.

A non-custodial wallet means you hold the keys to your own…