Pavel Durov Launches Non-Custodial Crypto Wallet for Telegram Users
Pavel Durov, founder of Telegram, announced that a non-custodial crypto wallet will launch this summer, targeting Telegram's billion-plus users for instant, zero-fee transactions. The news caused the price of Telegram's native Gram token to increase by 7%, according to Decrypt.
Pavel Durov has unveiled plans for a native, non-custodial cryptocurrency wallet set to roll out across all versions of Telegram, a messaging platform with over 1 billion active users. The wallet aims to enable instant, zero-fee transactions using Telegram's own crypto, Gram, which saw a 7% price increase following the announcement.
The new wallet represents a significant shift from Telegram's existing Wallet bot, which operates in a custodial capacity, meaning it holds user's keys for them. In contrast, Durov's new wallet model will allow users to retain control over their private keys, enhancing security and autonomy. Durov describes the initiative as "the largest rollout of a non-custodial crypto wallet in human history," focusing on accessibility for users who may be unfamiliar with cryptocurrencies.
Although the announcement encapsulates ambitious goals, several details remain unclear. These include whether the new wallet will replace or coexist with the existing Wallet bot and which specific assets beyond Gram will be supported. Additionally, the mechanics of key management at scale raises questions, particularly for users new to the crypto space.
"This summer will see the largest rollout of a non-custodial crypto wallet in human history. Instant zero-fee crypto transactions for over a billion users are about to become reality," mentioned Durov in a tweet regarding the wallet launch.
As Telegram prepares for this wallet launch, industry observers will look for more information on its implementation and potential impact on both user experiences and the broader cryptocurrency landscape.
Summary based on original reporting by Jose Antonio Lanz at Decrypt, originally published Jul 21, 2026. SolanaWire does not republish source content.
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