Ethena has announced a partnership with The Open Network (TON) to integrate its stablecoins with Telegram, reaching over one billion users. The partnership, revealed at Token2049 in Dubai, enables Ethena's USDe and Staked USDe (sUSDe) to be accessible on the TON blockchain, with the sUSDe branded as tsUSDe. Telegram users will be able to utilize US dollar-pegged savings within the platform. This deployment includes integrations in both custodial and non-custodial wallets like the TON Space wallet, facilitating access to global users, particularly in emerging markets. Ethena emphasized the importance of this integration as a significant advancement for its services, stating that the rollout will occur progressively throughout May, encompassing various product lines and supports.

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