US EditionEthena 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.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.13 Articles
13 Articles
Ethena Deal With TON Crypto: Will TONUSDT Surge Above $4? - BTC Ethereum Crypto Currency Blog
Ethena Labs partners with TON Foundation to integrate USDe stablecoin, aiming to leverage the over 1 billion users on Telegram. Will TONUSDT spring higher, breaking $4? In Q1 2025, TON crypto posted sharp losses. Crypto thrives when projects collaborate, and developers are eager to build. On Ethereum, Ethena Labs is innovating with its popular delta-neutral stablecoin, USDe, which currently boasts a market cap in the billions. Meanwhile, after e…
Ethena Labs to Integrate USDe Stablecoin With TON Blockchain for Telegram Users - Coin Surges
Ethena Labs will bring its USDe synthetic dollar and its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025. TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking Through a collaboration with the TON Foundation, USDe […] Read Entire Article The post Ethena Labs to Integrate USDe Stablec…
Ethena Labs Expands USDe Access via TON Blockchain and Telegram
Ethena Labs, the developer behind the Ethereum-based synthetic dollar protocol, has taken a strategic step to widen the reach of its USDe digital asset by forming a partnership with the TON blockchain. The collaboration was announced on May 1 and is expected to enable broader adoption of the USDe stablecoin, particularly through its integration with Telegram’s extensive global user base. The core focus of this move is to enhance the usability of…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
