Telegram Founder Says 700,000 Self-Custody Crypto Wallets Were Created on App in 48 Hours
Minseung Kang
Summary
- Telegram said more than 700,000 self-custody cryptocurrency wallets were newly created on the platform over the past 48 hours.
- Pavel Durov said crypto wallet usage is spreading rapidly because the structure activates wallets the moment users receive Grams.
- He added that the "crypto revolution" is still going strong.
Forecast Trend Report by Period
More than 700,000 new self-custody cryptocurrency wallets were created on Telegram over the past 48 hours.
Pavel Durov, the app's founder, disclosed the figure in a post on X on November 9.
He wrote that wallets are activated as soon as users receive Grams, a structure he said is driving the rapid spread of crypto wallet use.
"The crypto revolution is still going strong," he added.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.