Ethena Labs and the $TON Foundation have entered a strategic partnership to boost the TON on-chain economy by introducing Ethena’s USDe and sUSDe products into the ecosystem 🌐.
This might raise the question — why bring USDe to TON when USDT already exists 🤔?
The key difference lies in structure: USDT is fiat-backed and centrally controlled, whereas USDe maintains its dollar peg through financial engineering without relying on traditional fiat reserves.
By staking USDe, users receive tsUSDe (referred to as sUSDe specifically on TON), which offers an attractive 15% APR, plus an extra 10% APR in TON as a bonus 💰.
Although an official launch date hasn’t been announced yet, Ethena’s tokens are expected to become integrated across the #TON ecosystem — including in custodial wallet (@wallet).
In addition, new liquidity pools featuring USDe are anticipated on STON.fi, and APR during the first week is expected to be particularly high 📈.