Telegram's built-in encrypted wallet TON Wallet launches Bitcoin, Ethereum, and USDT holding yield features

According to The Block, Telegram's embedded crypto wallet TON Wallet has announced the launch of on-chain yield options for Bitcoin, Ethereum, and USDT holders. Users can deposit assets into the "vault" to participate in on-chain strategies aimed at generating variable returns.

Among them, the USDT strategy can achieve an annualized return of up to 18%, supported by the Re7 DeFi strategy; the ETH and BTC vaults extend the yield functionality to the two major cryptocurrencies. This feature is implemented through TON Wallet, with integration from Morpho, TAC, and Re7.