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Ethena and TON Bring Synthetic Dollars to Telegram’s Global Audience

  • On May 1, 2025, it was announced that the synthetic stablecoins USDe and sUSDe will be integrated into Telegram’s wallet platform as part of a collaboration between Ethena and the TON Foundation.
  • The partnership responds to Telegram’s billion-user base and aims to expand DeFi access by embedding these tokens in TON's wallets and Telegram's native crypto wallet in phased rollouts.
  • USDe is Ethena's dollar-pegged synthetic stablecoin, while sUSDe, branded as tsUSDe, offers yield-generating features and integration across major TON wallets and DeFi apps.
  • Ethena's USDe ranks fourth by market cap at $4.6 billion, with TON’s market cap at $7.9 billion and daily volume of $145 million, and eligible tsUSDe holders earning up to 10% annual yield paid weekly in TON.
  • This collaboration will enable Telegram users to send, save, and pay with dollar-based digital assets directly inside Telegram, potentially boosting DeFi adoption and liquidity across the TON ecosystem.
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Thanks to the new collaboration between Ethena and the TON Foundation, USDe arrives on the Telegram blockchain, an intelligent stablecoin, which has over a billion users worldwide. What is...

Users of Telegram's wallet will have access to Ethena's USDe thanks to an integration with the TON ecosystem. Promotion of 10% more of APY for users with USDe bet on TON-compatible wallets. *** Telegram users now have easy access to Ethena's USDe stablecoin. Ethena partnered with TON Blockchain to integrate USDe into the Telegram-linked ecosystem. Offer of 10% more APY for users with USDe bet on TON-compatible wallets. A new stablecoin is landin…

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide broke the news on Thursday, May 1, 2025.
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