-
MoonPay Deposits automates swaps and bridging for wallet-to-wallet transfers across blockchains.
-
TON Wallet users can fund accounts with BTC, ETH, SOL, or stablecoins without prior TON holdings.
-
Over 100M Telegram users gain simplified access to TON apps with 1:1 stablecoin conversions.
MoonPay today announced the launch of MoonPay Deposits, a new tool designed to simplify wallet-to-wallet crypto transfers. The feature is now available inside the self-custodial TON Wallet within Wallet in Telegram. It allows users to fund applications using crypto they already hold, regardless of token or blockchain.
MoonPay Deposits Removes Transfer Friction
MoonPay Deposits allows users to send crypto from an existing wallet without manual swaps or bridges. Instead, users select the asset they want to send. MoonPay then manages swapping, bridging, and cross-chain routing automatically.
Notably, wallet transfers often fail due to incorrect networks or unsupported assets. MoonPay Deposits addresses that issue by handling compatibility and routing in one flow. As a result, funds arrive in the correct wallet and asset.
The system operates entirely on MoonPay’s infrastructure. It manages deposit detection, asset conversion, and final delivery. Additionally, the solution integrates directly into partner environments, including Wallet in Telegram.
Ivan Soto-Wright, MoonPay’s co-founder and CEO, said users should not navigate complex steps to fund accounts. He explained that the service lets users rely on existing crypto holdings while MoonPay handles technical execution.
TON Wallet Access Expands Across Networks
With this launch, more than 100 million users can fund TON Wallet using assets from other blockchains. According to MoonPay, assets automatically convert into tokens supported by the platform.
Previously, users needed TON-based assets before accessing the wallet. However, MoonPay Deposits removes that requirement. Users can now send BTC, ETH, SOL, stablecoins, or other assets from external networks.
Stablecoins convert at a 1:1 rate, according to the company. MoonPay then delivers TON or other supported tokens directly into Wallet in Telegram. This approach reduces setup friction across Telegram’s decentralized application ecosystem.
Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram, said the change removes a major onboarding barrier. He noted that users can now enter and exit the TON ecosystem without exchanges or forced conversions.
How the Deposit Process Works
The deposit process begins inside TON Wallet. Users tap “Deposit” and choose between stablecoins or other crypto options. Next, they select the sending token and network. The wallet then generates a deposit address. Users copy the address or scan a QR code.
They paste it into their wallet or exchange withdrawal page. After entering the amount, users review the details and confirm the transfer. MoonPay then executes swaps and routing. Finally, the wallet credits users in their chosen asset and delivers funds to the selected destination.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OpenSea Announces Indefinite Delay of SEA Token Issuance, Offers Fee Refunds & 60-Day Trading Incentives
NFT trading marketplace OpenSea has announced a delay to its SEA token issuance originally scheduled for March 30, introducing transaction fee rebates and 60 days of free trading promotions to maintain user engagement. CEO Devin Finzer stated that the delay is due to unfavorable market conditions, with the platform aiming to ensure adequate preparation for the token launch.
動區BlockTempo3m ago
# Dogecoin Mining New Machine Arrives, Bitdeer Stock Price Jumps 8% in a Single Day
Bitdeer has launched the SEALMINER DL1 Air, a mining machine specifically designed for Dogecoin and Litecoin, supporting the Scrypt algorithm with 25 GH/s hashrate and a merged mining mechanism that allows simultaneous mining of both cryptocurrencies to enhance miner profitability. The company has transitioned from cloud mining to developing ASIC chips and is planning to expand into AI infrastructure, while facing securities litigation from the courts.
MarketWhisper6m ago
Hyperliquid "Invades" Wall Street: On-Chain Whale Paradise Faces Direct Compliance Pressure
Hyperliquid, as a leading Perp DEX, is rapidly rising and attracting whale players, with massive trading volume and users exceeding 1.729 million. However, facing the rapid development of on-chain finance, compliance and regulatory challenges are becoming increasingly prominent. Hyperliquid has established a policy center to address these issues and seek legitimate status in mainstream finance.
PANews33m ago
Bitdeer Announces February Operating Data: Hash Rate Reaches 68 EH/s, Mined 705 BTC
Bitdeer's mining and operational data disclosed in February 2026 showed that its self-operated hash rate reached 68 EH/s, with 705 BTC mined, representing a year-over-year growth of 541%. The AI cloud business is developing well, with 2,096 GPUs deployed and annualized revenue of approximately $21 million. The company is also negotiating leasing agreements with potential customers and plans to begin mass production of the SEALMINER A4-1 mining machine in March 2026.
GateNews42m ago
Messari Co-founder Eric Turner Steps Down as CEO, Diran Li Takes Over and Announces Layoffs
Messari, a cryptocurrency research institution, announced that co-founder Eric Turner will step down as CEO, with Diran Li taking over the role. Turner will continue to serve as an advisor. New CEO Li mentioned that personnel adjustments will be made, with multiple team members being laid off, and expressed gratitude for their contributions.
GateNews49m ago
Ethereum Founder Vitalik Buterin Wants Running a Node to Feel Less Like Rocket Science
Vitalik Buterin emphasizes simplifying Ethereum’s validator process by merging separate clients into one, enhancing user experience. He advocates for revisiting the architecture to ensure better accessibility and diversity among validators, mitigating risks from large staking pools.
Decrypt5h ago
