Ethena partners with TON to offer USDe to one billion Telegram users

Ethena will integrate its sUSDe stablecoin natively within TON under the name tsUSDe, offering support within custodial and non-custodial wallets.

Decentralized stablecoin platform Ethena has partnered with The Open Network (TON) to make its stablecoins available to Telegram’s user base of over one billion people.

The partnership, announced on May 1 at Token2049 in Dubai, will see the deployment of Ethena’s USDe (USDE) and Ethena Staked USDe (sUSDe) natively within the TON blockchain.

The sUSDe variant will be integrated under the name tsUSDe, enabling Telegram users to access US dollar-denominated savings directly within Telegram.

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