Telegram CEO Says Crypto Offering Added 700,000 Users in 48 Hours

Telegram’s CEO said more than 700,000 users joined its crypto offering in 48 hours and set a goal of onboarding more than 1 billion users.

The 1 billion-user mark is a future goal, not a current user count, and has no stated date for reaching the target.

The figures describe different parts of Telegram’s stated expansion: more than 700,000 users over two days and a longer-term ambition to reach more than 1 billion. The lower figure is tied to a recent period, while the billion-user mark remains prospective.

The 700,000 figure does not establish how many new users specifically started using Bitcoin (BTC).