TON Blockchain and Ethena Labs formally team up for collaboration.
Rewritten Article:
Ethena Labs and Ethena Foundation are teaming up with TON blockchain for a strategic partnership that's all about making USDe—the synthetic dollar—more accessible to the masses. This partnership will have Ethena Labs working with TON Space Wallet, integrating their services right into Messenger.
Speaking of Messenger, USDe and sUSDe are now direct partners with Telegram's native wallet. With this collaboration, users can hold up to 10,000 tsUSDe per wallet, eligible for a 10% boost in their yearly percentage yield on top of their current Ethena benefits.
Guy Young, founder of Ethena, shares his excitement about this new venture, stating, "Our partnership with TON Foundation? It's a big deal for us, and we can't wait to partner up with one of the world's largest distribution platforms and fastest-growing blockchain networks."
Telegram's user base of over a billion people becomes a perfect playground for introducing USDe to the globe. Ethena's 2025 expansion goals include creating a TON-based app and payments based on Telegram.
Key components of this partnership include the integration of USDe into popular TON wallets, powering DeFi applications, pushing neobanking and payments, and offering reward programs. Users holding tsUSDe in supported wallets stand to gain exclusive incentives, details of which will be disclosed via official channels.
Accessibility, financial inclusion, and neobanking experience are all set to get a boost from this tie-up. USDe's integration into Telegram's native wallet allows users to engage in a broader range of financial activities, making digital currency adoption a reality for many.
Sources:4. TON Space Wallet Integrates USDe Stablecoin5. Ethena Labs and Ton Foundation Announce Strategic Partnership
Enrichment Data (Selective Use):This partnership aims to integrate USDe (synthetic dollar) into the Telegram ecosystem, leveraging its vast user base of over a billion people. Key components include the integration of USDe into popular TON wallets, powering DeFi applications, pushing neobanking and payments, and offering reward programs. By offering a stablecoin like USDe, users can engage in DeFi activities and access financial services more easily. User rewards, neobanking experience, financial inclusion, and digital currency adoption across Telegram's vast user base stand to benefit.
- The strategic partnership between Ethena Labs and TON blockchain, along with Telegram's native wallet, aims to make the USDe synthetic dollar more accessible to a broader audience by integrating it into the Telegram ecosystem.
- With the integration of USDe into popular TON wallets, users holding tsUSDe in their Telegram wallets will be eligible for exclusive incentives, potentially boosting their yearly percentage yield and enhancing their neobanking experience.
- By 2025, Ethena's expansion goals involve creating a TON-based app and payments based on Telegram, further expanding the distribution and benefits of USDe and promoting financial inclusion and digital currency adoption among Telegram's user base of over a billion people.
