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Ethena and TON Foundation Partner to Launch USDe Stablecoin Across Telegram Wallets

  • Ethena and TON Foundation partnered to introduce stablecoin products USDe and tsUSDe on the Open Network (TON) to enhance access to decentralized finance (DeFi) for over one billion Telegram users.
  • tsUSDe is now available on Telegram wallets, offering rewards on up to 10,000 tsUSDe per wallet, with users being able to earn 10% APY in TON plus rewards.
  • USDe and tsUSDe are officially deployed on TON, enabling users to use the stablecoins for decentralized lending activities, savings platforms, and other blockchain-based applications.
  • The long-term collaboration between Ethena and the TON Foundation aims to explore neobanking, payment integration, DeFi lending, trading interfaces, and potentially introduce a tsUSDe-linked debit card.

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