Ethena Brings Crypto Savings to Telegram via TON Wallets

• Ethena’s crypto savings are now integrated with major TON wallets, making staking accessible directly from Telegram.
• Users can earn tsUSDe rewards without using bridges or centralized exchanges.

Ethena Labs’ crypto-based savings program has finally landed on the TON blockchain ecosystem, and it’s not just an add-on feature. With this integration, Telegram users can now store Ethena’s synthetic stablecoin, USDe, directly from wallets like TON Space, Tonkeeper, Tonhub, or MyTonWallet.

Even more interestingly, they can convert it to tsUSDe and earn up to 18% per year. Simply put, saving while scrolling through Telegram is now possible.

So, what exactly are USDe and tsUSDe? USDe is a stablecoin whose value is pegged to the US dollar, but it doesn’t work like regular stablecoins.

It uses a delta-neutral strategy to keep its value stable while still generating returns. Once you have USDe, users can simply stake and convert it to tsUSDe, then sit back and enjoy the interest. No need to go to an exchange, no hassle of bridges, all from the Telegram wallet.

Earn up to 18% APY on your crypto dollars starting today via the @ton_blockchain ecosystem and Ethena

Ethena-powered savings goes live in major TON Wallets, directly accessible by 1 billion users

USDe is live on TON Space by @wallet, @tonkeeper, @mytonwallet_io, & TONHub by… pic.twitter.com/Cj6L0J8IKY

— Ethena Labs (@ethena_labs) May 30, 2025

TON and Ethena Are Getting Serious About Uniting the DeFi World and Everyday Users

In addition, STON.fi is also playing a role here. They have just announced full support for USDe. This means that anyone in the TON ecosystem can directly exchange, stake, or provide liquidity to USDe, without having to go to another platform or through a cross-chain bridge which is usually complicated and risky.

Furthermore, Ethena is also stepping on the gas on the other side. Their sUSDe token is now accepted as collateral on Aave, one of the largest lending and borrowing protocols in the DeFi sector. And the results are immediately felt—the supply of sUSDe has exceeded $1 billion. That indicates that a lot of money is starting to move there because they are attracted by the higher returns compared to other places.

But wait, it’s not just about savings and loans. Ethena and Securitize are also preparing to launch ‘Converge,’ a new blockchain specifically built to support DeFi and asset tokenization. In the future, the blockchain will have fast block times and users will be able to pay for gas with Ethena tokens. The platform will also be flexible, able to be used by both fully decentralized and permissioned applications.

On the other hand, they are also expanding their entry into the crypto space. Last April, CNF reported that Ethena had partnered with Alchemy Pay. The result? Users can now buy USDe and ENA directly using Visa, Mastercard, and other fiat payment options, without having to go through a centralized exchange or the hassle of switching wallets. In other words, buying crypto now feels like shopping online.

Meanwhile, as of press time, ENA is swapped hands at about $0.3033, down 13.63% over the last 24 hours and its market cap is dropping below the $1.80 billion mark.

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