diff --git a/app/src/main/java/com/tangem/tap/domain/TapWalletManager.kt b/app/src/main/java/com/tangem/tap/domain/TapWalletManager.kt
index cb9553ad37..29f4c4d74c 100644
--- a/app/src/main/java/com/tangem/tap/domain/TapWalletManager.kt
+++ b/app/src/main/java/com/tangem/tap/domain/TapWalletManager.kt
@@ -1,6 +1,10 @@
 package com.tangem.tap.domain
 
-import com.tangem.blockchain.common.*
+import com.tangem.blockchain.common.Blockchain
+import com.tangem.blockchain.common.BlockchainSdkConfig
+import com.tangem.blockchain.common.Token
+import com.tangem.blockchain.common.Wallet
+import com.tangem.blockchain.common.WalletManagerFactory
 import com.tangem.common.doOnFailure
 import com.tangem.common.doOnSuccess
 import com.tangem.core.analytics.Analytics
@@ -24,17 +28,39 @@ import com.tangem.tap.preferencesStorage
 import com.tangem.tap.store
 import com.tangem.tap.tangemSdkManager
 import com.tangem.tap.walletStoresManager
+import com.tangem.utils.coroutines.AppCoroutineDispatcherProvider
+import com.tangem.utils.coroutines.CoroutineDispatcherProvider
+import kotlinx.coroutines.CoroutineScope
+import kotlinx.coroutines.Job
+import kotlinx.coroutines.launch
 import timber.log.Timber
 
-class TapWalletManager {
-    val walletManagerFactory: WalletManagerFactory
-        by lazy { WalletManagerFactory(blockchainSdkConfig) }
+class TapWalletManager(
+    private val dispatchers: CoroutineDispatcherProvider = AppCoroutineDispatcherProvider(),
+) {
 
     private val blockchainSdkConfig by lazy {
         store.state.globalState.configManager?.config?.blockchainSdkConfig ?: BlockchainSdkConfig()
     }
 
+    private var loadUserWalletDataJob: Job? = null
+        set(value) {
+            field?.cancel()
+            field = value
+        }
+
+    val walletManagerFactory: WalletManagerFactory
+        by lazy { WalletManagerFactory(blockchainSdkConfig) }
+
     suspend fun onWalletSelected(userWallet: UserWallet, refresh: Boolean, sendAnalyticsEvent: Boolean) {
+        // If a previous job was running, it gets cancelled before the new one starts,
+        // ensuring that only one job is active at any given time.
+        loadUserWalletDataJob = CoroutineScope(dispatchers.io)
+            .launch { loadUserWalletData(userWallet, refresh, sendAnalyticsEvent) }
+            .also { it.join() }
+    }
+
+    private suspend fun loadUserWalletData(userWallet: UserWallet, refresh: Boolean, sendAnalyticsEvent: Boolean) {
         Analytics.setContext(userWallet.scanResponse)
         if (sendAnalyticsEvent) {
             Analytics.send(Basic.WalletOpened())
diff --git a/app/src/main/java/com/tangem/tap/features/wallet/redux/WalletAction.kt b/app/src/main/java/com/tangem/tap/features/wallet/redux/WalletAction.kt
index 18bf0dbc24..5a8e0249b0 100644
--- a/app/src/main/java/com/tangem/tap/features/wallet/redux/WalletAction.kt
+++ b/app/src/main/java/com/tangem/tap/features/wallet/redux/WalletAction.kt
@@ -34,7 +34,6 @@ sealed class WalletAction : Action {
     sealed class MultiWallet : WalletAction() {
 
         data class SelectWallet(val currency: Currency?) : MultiWallet()
-        data class SetSingleWalletCurrency(val currency: Currency?) : MultiWallet()
 
         data class TryToRemoveWallet(val currency: Currency) : MultiWallet()
         data class RemoveWallet(val currency: Currency) : MultiWallet()
diff --git a/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/MultiWalletReducer.kt b/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/MultiWalletReducer.kt
index 12d2923899..7432f3fc41 100644
--- a/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/MultiWalletReducer.kt
+++ b/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/MultiWalletReducer.kt
@@ -11,9 +11,6 @@ class MultiWalletReducer {
             is WalletAction.MultiWallet.SelectWallet -> {
                 state.copy(selectedCurrency = action.currency)
             }
-            is WalletAction.MultiWallet.SetSingleWalletCurrency -> {
-                state.copy(selectedCurrency = action.currency)
-            }
             is WalletAction.MultiWallet.TryToRemoveWallet -> state
             is WalletAction.MultiWallet.AddMissingDerivations -> state.copy(
                 missingDerivations = action.blockchains,
diff --git a/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/WalletReducer.kt b/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/WalletReducer.kt
index 66d82deb98..bf7d468298 100644
--- a/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/WalletReducer.kt
+++ b/app/src/main/java/com/tangem/tap/features/wallet/redux/reducers/WalletReducer.kt
@@ -95,6 +95,11 @@ private fun internalReduce(action: Action, state: AppState, appStateHolder: AppS
         is WalletAction.WalletStoresChanged -> {
             newState = newState.copy(
                 walletsStores = action.walletStores,
+                selectedCurrency = findSelectedCurrency(
+                    walletsStores = action.walletStores,
+                    currentSelectedCurrency = newState.selectedCurrency,
+                    isMultiWalletAllowed = newState.isMultiwalletAllowed,
+                ),
             )
         }
         is WalletAction.TotalFiatBalanceChanged -> {
@@ -103,14 +108,7 @@ private fun internalReduce(action: Action, state: AppState, appStateHolder: AppS
             )
         }
         is WalletAction.LoadData.Success -> {
-            newState = newState.copy(
-                state = ProgressState.Done,
-                selectedCurrency = findSelectedCurrency(
-                    walletsStores = newState.walletsStores,
-                    currentSelectedCurrency = newState.selectedCurrency,
-                    isMultiWalletAllowed = newState.isMultiwalletAllowed,
-                ),
-            )
+            newState = newState.copy(state = ProgressState.Done)
         }
         is WalletAction.UpdateCanSaveUserWallets -> {
             newState = newState.copy(canSaveUserWallets = action.canSaveUserWallets)