We have repeatedly emphasized in our tweets and Spaces that dollar stablecoins are an extension of dollar hegemony. This is a rigid demand of #Web3 and also an important infrastructure for the landing and development of #RWA in the future.

This deep integration of #Ethena with #Telegram/#Ton can be said to be the most strategically significant release to date, equivalent to USDe officially entering mainstream application scenarios with hundreds of millions of users. Simply put, this design is similar to our Alipay's Yu'ebao, which can comprehensively provide users with savings and financial experiences. This is a boon for countries with high inflation.

With Telegram's more than 800 million monthly active users and its natural social network dissemination capability, as well as its penetration in emerging markets such as Asia, Africa, and Latin America, #Ethena has created a low-threshold, natively usable dollar savings channel. By integrating with non-custodial wallets like TON Space and #Tonkeeper, as well as Telegram's built-in wallet, users can easily stake USDe to earn sUSDe and tsUSDe rewards, with tsUSDe users receiving an additional 10% annualized return.

In addition, #Ethena will also provide dollar liquidity support for the DeFi ecosystem on #TON, empowering trading, lending, and derivative development. As the integration progresses, #Ethena has the potential to become a mainstream stablecoin savings tool in emerging markets, driving the evolution of #DeFi towards #RWA services.

Currently, there are still 1.3 billion adults worldwide without bank accounts, accounting for 24%. This group cannot access traditional banking services, relies on a cash economy, and faces significant barriers in savings, remittances, and credit. The significant collaboration between #Ethena and #Telegram/#Ton can natively provide a "digital dollar savings" function, which holds great practical significance and market potential. Through the social viral characteristics of Telegram/TON, this adoption is likely to grow exponentially, with huge potential that deserves long-term attention.