Ethena Labs is extending the attain of its artificial greenback, USDe, by means of a brand new alliance with the TON blockchain—bringing the digital asset to Telegram’s huge person community.
This integration makes USDe usable straight inside the messaging app, enabling seamless peer-to-peer funds and decentralized finance entry for thousands and thousands.
USDe, a yield-generating stablecoin constructed on Ethereum however designed for omnichain motion by way of LayerZero’s OFT commonplace, is now accessible throughout greater than 20 blockchains.
With TON added to that checklist, Ethena is deepening its presence in ecosystems past Ethereum and making a direct play for mass adoption by way of mobile-first platforms.
The collaboration focuses on embedding USDe into key parts of the TON ecosystem: non-custodial wallets like TON Area, Telegram’s built-in custodial pockets, and main decentralized finance protocols on the community.
The objective is to place USDe as a go-to digital greenback for saving, spending, and incomes yield—all inside Telegram’s acquainted interface.
Following the information, Ethena’s native token ENA noticed a modest intraday value bump however stays beneath broader bearish stress. TON’s personal native asset, Toncoin, dipped regardless of the announcement, with technical indicators additionally pointing to short-term weak spot for each tokens.