Ethena integration is a ‘Massive Leap’ for TON and Telegram Users

Ethena is bringing its popular stablecoin products, USDe and Ethena Staked USDe (sUSDe), to the TON blockchain, giving one billion Telegram users the ability to earn interest on funds stored in their Telegram-based wallets. Ethena’s USDe and sUSDe were deployed on TON and made available across the blockchain’s ecosystem onMay 1. Ethena’s sUSDe will be integrated natively on TON as tsUSDe. Per the TON Foundation’s official announcement , the strategic partnership includes two main integrations for Ethena assets: within Telegram’s official in-app custodial wallet, Wallet, as well as within TON’s noncustodial wallet, TON Space, which is also integrated into the popular messaging app. As of January, TON is the exclusive blockchain for Telegram’s mini-app platform. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant