Ethena integrates USDe and sUSDe into the TON and Telegram ecosystem

Ethena Labs and the TON Foundation have announced a strategic partnership. The stablecoins USDe and sUSDe will soon be available on the TON network and in wallets.

USDe is a synthetic asset pegged to the US dollar. Its stability is maintained not through fiat reserves, but via delta-neutral trading strategies.

Key partnership details:
• sUSDe will launch on TON as tsUSDe;
• tsUSDe holders will receive an additional 10% APY in TON on top of Ethena’s base yield (limit: 10,000 tsUSDe per wallet);
• Access via Wallet, TON Space, Tonkeeper, MyTonWallet, TONHub, and other TON wallets;
• USDe is the third-largest stablecoin with a market cap of $4.7B.

Integration into Telegram:
• Access tsUSDe via the custodial @wallet and the non-custodial TON Space;
• Official support across the TON ecosystem for DeFi applications.

The custodial Wallet is planning a bonus campaign for tsUSDe holders, while MyTonWallet has already announced USDe staking.

Long-term plans:
• Joint initiatives in neobanking and P2P-payments;
• Development of DeFi lending and trading interfaces;
• Exclusive incentive programs for TON users;
• Integration is part of Ethena’s 2025 scaling strategy.

Guy Young, Founder of Ethena:

Integration with TON and Telegram is a major step toward our mission of making the dollar accessible to everyone.

Max Krupyshev, CEO of TON Foundation:

The partnership with Ethena expands financial access for Telegram’s billion users.