MoonPay has introduced MoonPay Deposits, a new feature integrated into Telegram's self-custodial TON Wallet. This service enables users to fund their accounts using Bitcoin and other cryptocurrencies from various blockchains, with automatic handling of swaps, bridging, and conversions to TON or supported tokens. The launch aims to simplify entry into the TON ecosystem for over 100 million Telegram users.
MoonPay announced the launch of its MoonPay Deposits product on February 11, 2026, targeting easier wallet-to-wallet cryptocurrency transfers. The feature is now live within the self-custodial TON Wallet, which forms part of Telegram's dual-wallet system. This integration allows more than 100 million users to move funds into the Telegram-based ecosystem without needing to hold specific assets beforehand.
Previously, funding a TON Wallet required assets on the TON blockchain, creating barriers for newcomers. With MoonPay Deposits, users can send cryptocurrencies like Bitcoin from external networks, and the service manages the cross-chain routing, swaps, and conversions to deliver the balance in the desired asset, such as TON tokens.
"Users shouldn’t have to buy new assets or navigate complex steps just to fund an account," stated Ivan Soto-Wright, MoonPay's CEO and co-founder. He emphasized that the product lets people use the crypto they already own, reducing friction in the process.
Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram, added that the initiative seeks to make entering and exiting the TON ecosystem as straightforward as using a custodial wallet, all while preserving self-custody.
To use the service, users access TON Wallet, select the deposit option, choose their sending token and network, and transfer funds to a provided address. MoonPay then handles the rest, crediting the account accordingly. The product runs entirely on MoonPay's infrastructure and integrates seamlessly into partner platforms, covering deposits from initiation to final delivery.