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Wallet in Telegram rolls out BTC, ETH and USDT yield Vaults inside TON Wallet

Crypto Briefing
Telegram Wallet now offers yield vaults for BTC, ETH, and USDT within TON Wallet, powered by Morpho and offering up to 18% APY.

Summary

Wallet in Telegram has launched yield-generating vaults for Bitcoin, Ethereum, and USDT inside TON Wallet, enabling users to earn returns on their holdings directly within the messaging app. These vaults utilize variable-rate strategies while maintaining self-custody, powered by Morpho through TAC, an EVM-compatible execution layer within The Open Network, with Re7 providing risk management. USDT vaults offer up to 18% annual returns, while similar functionality is available for Bitcoin and Ethereum. This launch follows the recent addition of wrapped Ether and Bitcoin to TON Wallet, expanding native asset availability within the TON ecosystem. The Open Platform aims to connect DeFi protocols with mainstream applications, and Morpho believes embedding lending infrastructure into popular products will accelerate onchain finance adoption. Future plans include enabling direct deposits of native Bitcoin and Ether.

(Source:Crypto Briefing)