MoonPay has launched MoonPay Deposits, a new solution that enables users to fund applications using crypto from any supported wallet or blockchain. The feature is now live inside the self-custodial TON Wallet within Telegram’s Wallet in Telegram ecosystem.
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More than 100 million Wallet in Telegram users can now fund TON Wallet using crypto held on other networks. MoonPay automatically handles swapping, bridging, and cross-chain routing behind the scenes.
What MoonPay Deposits Does
Users select the token and network they want to send from. MoonPay manages compatibility, conversion, and delivery, ensuring the correct asset arrives in TON Wallet.
The process removes the need for manual bridging or pre-converting assets to TON. Stablecoins are converted at a 1:1 rate before delivery into supported assets.
MoonPay built and operates the system entirely on its own infrastructure. The solution supports deposit detection through final settlement inside partner environments.
Why This Matters for TON Wallet
Previously, users needed assets already on the TON network to fund TON Wallet. That requirement created onboarding friction for new users.
“Users shouldn’t have to buy new assets or navigate complex steps just to fund an account,” said Ivan Soto-Wright, co-founder and CEO of MoonPay. “We simplify the process by letting people use the crypto they already have while we handle the technicalities behind the scenes.”
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Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram, emphasized the onboarding impact.
One of the biggest challenges in crypto adoption is the first step – getting users funded and ready to participate. Until now, using TON Wallet meant already having assets on TON… Now, we’re removing that barrier entirely. - Andrew Rogozov
How It Works
Users open TON Wallet, tap “Deposit,” and select either Stablecoins or Other Crypto. They then choose the token and network, generate a deposit address, and transfer funds from their existing wallet or exchange.
MoonPay handles all swaps and cross-chain routing automatically. The final balance is credited in TON or another supported asset directly inside Wallet in Telegram.
Until now, using TON Wallet meant already having assets on TON, Now…users can bring their funds directly into TON Wallet from other networks, without unnecessary conversions, exchanges or lock-ins. - Andrew Rogozov
Bigger Picture Impact For The Industry
The launch reflects a broader push to reduce friction in cross-chain transfers. Instead of requiring users to understand bridges or token standards, MoonPay abstracts those steps into a single flow.
For TON, this expands accessible liquidity across multiple networks. For MoonPay, it embeds infrastructure directly into one of the largest messaging platforms in the world.
Momentum Following Stablecoin Payroll Expansion
The launch comes one day after MoonPay partnered with Deel to enable self-custodial stablecoin salary payouts for global workers. That rollout positioned MoonPay deeper into payroll infrastructure, while the Telegram integration expanded its cross-chain wallet movement capabilities.
Together, the announcements reflect a broader push by MoonPay to embed crypto transfer infrastructure directly into consumer and enterprise platforms. The company is moving beyond basic on-ramps and into full stack asset movement.
Blockster's Thoughts
MoonPay deposits are a true UX revolution that meaningfully advances crypto on-boarding due to its seamless nature.
If more major wallets bundled MoonPay-style automatic bridging and conversion, the next 2-5 years could shape up to be the era of adoption with complexity being programmed out of the equation.
