• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Ethena’s USDe Integrated on TON Blockchain

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Takeaways:

  • Integration boosts Telegram’s DeFi reach via TON blockchain.
  • Unlocks new stablecoin utilities for Telegram users.
  • Facilitates broader DeFi adoption via massive user base.

ethena-labs-integrates-synthetic-stablecoin-onto-ton
Ethena Labs Integrates Synthetic Stablecoin onto TON

Ethena Labs has successfully integrated its synthetic stablecoin USDe and its staked variant tsUSDe onto The Open Network (TON), announced during Token2049 in Dubai.

Ethena Labs announced the integration of its synthetic stablecoin USDe and tsUSDe onto the TON blockchain at Token2049 Dubai. The effort highlights Ethena Labs Update – New Features Announcement as part of Ethena’s strategic expansions in the stablecoin space, enhancing DeFi services for Telegram’s users.

By integrating USDe, Ethena and the TON Foundation aim to leverage Telegram’s vast user community. This move potentially transforms TON into a significant DeFi hub, enhancing stablecoin access and usage.

“Ethena will integrate its sUSDe into TON as a native asset (branded tsUSDe for ‘TON Staked USDe’), and also make the base USDe token available on TON via the LayerZero bridge. The TON integration is slated to go live in stages in May onwards.” – Ethena’s Governance Update – April 2025

The deployment of these stablecoins on TON is expected to catalyze new DeFi activities, given Telegram’s substantial user base. Industry experts anticipate increased trading volumes as the tokens facilitate seamless transactions on DEXs, fostering DeFi innovations.

Stablecoin availability opens new paths for DeFi access through Telegram’s ecosystem, potentially influencing market dynamics extensively. The scale of this integration suggests a notable growth in decentralized finance potential for users across various regions.

Related articles

XRP Leads Crypto Rally Amid Sentiment Shift

June 25, 2025

BlockDAG’s 100M Airdrop Live While Worldcoin & DOGE Lose Steam

June 25, 2025


As adoption progresses, ramifications on market structures and user engagement are anticipated. Historical parallels suggest that such integrations have led to liquidity growth and expanded decentralized finance reach. Analysts predict similar patterns post-integration in TON’s ecosystem.

This expansion could draw attention from both regulatory bodies and institutional investors. Enhanced usage of stablecoins may subject the partnership to regulatory oversight as it scales. Continued monitoring will reveal the broader impact on the industry.

Share76Tweet47

Related Posts

XRP Leads Crypto Rally Amid Sentiment Shift

by shark
June 25, 2025
0

Ripple Labs sees XRP rally due to regulatory clarity, ETF optimism, and geopolitical ceasefire.

Circle’s Valuation Surges to $66B, Stock Up 800%

by shark
June 25, 2025
0

Circle's valuation hike underscores stablecoins' critical role in financial technology, impacting liquidity and regulatory focus. It also highlights market confidence...

Ark Invest Sells $110M in Circle Shares

by shark
June 25, 2025
0

Ark Invest sells $110 million in Circle shares as valuations soar, reallocating to Robinhood and Coinbase. Circle IPO fuels mainstream...

SEI Price Surges 41% Amid Market Rally

by shark
June 25, 2025
0

SEI Network sees a 41% increase as broader crypto markets rise, driven by technical factors.

Schiff Proposes COIN Act Targeting Trump’s Crypto Ventures

by shark
June 25, 2025
0

Lawmaker Adam Schiff announced the COIN Act targeting Donald Trump's crypto activities following reports of his $57 million revenue from...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • XRP Leads Crypto Rally Amid Sentiment Shift
  • BlockDAG’s 100M Airdrop Live While Worldcoin & DOGE Lose Steam
  • Circle’s Valuation Surges to $66B, Stock Up 800%
  • Ark Invest Sells $110M in Circle Shares
  • SEI Price Surges 41% Amid Market Rally
  • Unstaked’s $1 Million Giveaway Shines as XRP Wavers and SKY Climbs
  • BCH and HBAR Stall at Key Levels While Web3 ai Presale Surges Past $8.5M
  • Schiff Proposes COIN Act Targeting Trump’s Crypto Ventures
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7