MoonPay Simplifies Cross-Chain Crypto Transfers with 'MoonPay Deposits' Launch in Telegram
Event summary
- MoonPay launched 'MoonPay Deposits' on February 11, 2026, enabling wallet-to-wallet crypto transfers across blockchains.
- The service is now available in Telegram's self-custodial TON Wallet, serving over 100 million users.
- MoonPay automates swapping, bridging, and cross-chain routing to simplify funding applications with existing crypto assets.
- Stablecoins are converted at a 1:1 rate, while other assets are delivered in the user's chosen crypto.
- MoonPay has 30 million customers across 180 countries and supports 500 enterprise customers.
The big picture
MoonPay's launch of 'MoonPay Deposits' addresses a critical pain point in crypto adoption: the complexity of cross-chain transfers. By integrating with Telegram's TON Wallet, MoonPay is positioning itself as a key infrastructure provider in the decentralized finance space. This move aligns with broader industry trends toward seamless interoperability and user-friendly onboarding solutions. The service's ability to handle swaps and routing behind the scenes could set a new standard for crypto payment solutions.
What we're watching
- Adoption Dynamics
- Whether MoonPay Deposits can significantly reduce friction for new users entering the TON ecosystem.
- Competitive Positioning
- How this integration strengthens MoonPay's partnership with Telegram and its position in the cross-chain payments space.
- Regulatory Compliance
- The impact of MoonPay's broad regulatory footprint on its ability to scale this service globally.
Our editorial coverage:
Related topics