MoonPay Launches Crypto Deposits Feature to Enable Cross-Chain Funding in Wallet in Telegram
MoonPay launched MoonPay Deposits, simplifying crypto transfers by automatically handling cross-chain swaps and bridging for users in Telegram's TON Wallet.Summary
MoonPay has introduced MoonPay Deposits, a new feature designed to streamline wallet-to-wallet cryptocurrency transfers by automatically managing swaps, bridging, and cross-chain routing. This allows users to fund applications with any supported crypto asset from their existing wallet, regardless of the originating token or blockchain, and receive the final balance in their chosen asset within the destination ecosystem. The service is initially available in the self-custodial TON Wallet within Telegram, giving over 100 million users a simpler way to move funds into the Telegram-based ecosystem, removing the previous requirement of holding assets already on the TON blockchain. CEO Ivan Soto-Wright stated the goal is to eliminate complex steps for users funding accounts. The article also notes recent developments for MoonPay, including Intercontinental Exchange (ICE) considering an investment that could value the company around $5 billion, and the addition of former CFTC Acting Chair Caroline Pham to its leadership.
(Source：Bitcoin Magazine)