Telegram’s Wallet adds Mercuryo to simplify crypto purchases
London-based payments infrastructure firm Mercuryo has integrated its on-ramp services into Wallet, Telegram’s built-in cryptocurrency platform.
The partnership allows Wallet users to buy digital assets like Bitcoin (BTC) and Toncoin (TON) using traditional currencies like the U.S. dollar or euro, crypto.news can exclusively report.
Wallet, a custodial crypto service embedded in Telegram, enables users to send, receive, and store digital assets within the messaging app. The Mercuryo integration is expected to reduce fees and simplify the process of converting fiat currency into crypto, which has been a major barrier for new users.
“Wallet in Telegram currently has a sole on-ramp provider, Mercuryo,”…