Dynamic is The Open Network ($t), which developers will be able to deploy. $t Wallets are automatically created within Telegram Mini Apps without you having to build your own wallet system.
According to an announcement shared with Cointelegraph, this integration removes technical hurdles for developers to build on top of. $tis a blockchain designed to power payments and applications within Telegram, and launching financial applications typically requires custom wallet deployment, contract management, and transaction processing.
Dynamic said it expects developers will be able to programmatically create and manage user wallets, allowing them to embed payments, transactions and other financial functionality directly into Telegram-based applications.
Dynamic was acquired by Fireblocks in October at a valuation of $8 billion and backed by investors including Sequoia Capital and Rivit Capital, according to private market data firm Sakura.
This infrastructure also uses Fireblocks custody and compliance systems to consolidate wallet deployment, transaction management, and asset security into a single stack, reducing the need for multiple providers.
This release targets Mini Apps on Telegram, giving developers access to over 1 billion users. $t According to the announcement, the company has over 51 million active wallets and over $500 million in stablecoins on-chain.
The development comes in the wake of regulatory pressure in the Philippines, where Telegram avoided a potential ban earlier this month by agreeing to establish a direct channel with authorities and introduce stricter enforcement against illegal content.
In the first half of 2025, the company reported revenue of $870 million, of which approximately $300 million related to exclusivity agreements related to Toncoin ($t), the native token of that blockchain.
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Telegram, X and Coinbase move towards integrated financial apps
The rollout comes as major platforms move toward “all apps” that combine messaging, payments, and commerce in a single interface.
In Telegram, $t The ecosystem has introduced a variety of in-app financial tools. Launched in February $t Pay is a payments software development kit (SDK) that allows merchants and mini-app developers to accept cryptocurrencies without managing wallet infrastructure or checkout systems.
The platform also added vault functionality. $t The wallet was launched in the same month, allowing users to store Bitcoin (BTC), Ethereum (ETH), and $USDT ($USDT) directly within the chat interface.
In June, X announced plans to integrate payments and investment features into its app, with then-CEO Linda Yaccarino saying users would eventually be able to send money and manage their finances within the platform, but the company did not disclose the crypto component.
Coinbase took a similar approach, rebranding its Coinbase Wallet to the Base app in July. It is a platform that combines wallet, trading, payment and social features, messaging, and support for on-chain mini-apps running on the Base network.
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