The popular messaging app Telegram has integrated support for Stellar (XLM) into its built-in wallet, enabling users worldwide to send and receive XLM instantly within the platform. This move could have a significant impact on global payments, particularly benefiting those in emerging economies where traditional money transfer processes often come with high fees.
With over 100 million active users globally, Telegram’s integration of Stellar promises a seamless experience for sending money – from tipping friends to making cross-border payments. This simplifies the process and eliminates the need to leave the app, enabling quick transactions with minimal costs.
The impact of this integration extends beyond individuals to small businesses looking to receive international payments without intermediaries or delays. In markets where mobile apps are dominant financial gateways, access to affordable tools like Stellar becomes particularly important.
Telegram’s ambition to become a