Telegram Crypto Wallet Introduces Bitcoin, Ethereum, and USDT Staking

BlockBeats News, February 26th, reported by The Block, the embedded crypto solution Wallet in Telegram announced the launch of on-chain staking for Bitcoin, Ethereum, and USDT holders. The feature is provided through the TON Wallet, with assistance from Morpho, TAC, and Re7 for the integration.

The newly launched "Vaults" allow users to deposit assets into on-chain strategies to earn variable yields, "with the highest-yield option in the available USDT strategy achieved through Re7's DeFi strategy, offering a comprehensive Annual Percentage Yield (APY) of up to 18%. Additionally, the ETH and BTC Vaults also provide yield functionality for the two most widely held crypto assets."