In a movement that can reform the way we use telegram for financial transactions, Ethena Labs Works together with the Ton Foundation to introduce its synthetic dollar stablecoins –Usde And susde – to the ton blockchain. Since telegram connects more than 1 billion Users every month, this collaboration has the potential to offer a variety of new financial tools directly within the known messages app.
A further consideration of the Stablecoin –
Rebranding for the Ton ecosystem
For the Ton community, Susde will be renamed Tsusde. Both Usde and Tsusde will be supported in various telegram -friendly portfolios, including:
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Telegram’s built-in custodial wallet: Ideal for users who want simple crypto management.
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Ton Space: A self -spice portel for those who prefer full control over their assets.
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Wallets from third parties (Tonkeeper, Tonhub and Myton Wallet): Expand accessibility and encourage broader acceptance within the Ton Ecosystem.
This strategy with multiple wallet is designed to meet the different levels of comfort that people have by holding their own assets while synthetic stablecoins become more accessible to the worldwide community of Telegram.
Earn proceeds with Tsusde
A highlight of this partnership is an APY of 10% on Tsusde Holdings, offered through participating portfolios. From the beginning of May 2025, users with non-required portfolios (such as Tonkeeper or Ton Space) will already receive weekly Ton-token Refsals, with more portfolios planned to participate soon. These stimuli come on top of the usual Susde yield mechanisms of Ethena, so that users create extra ways.
Source Ethena
Introduction of “USDT Earn”
Moreover, Ethena plans to roll out a “USDT ear” function. This allows people to deposit their tether (USDT) and collect returns that are linked to the performance of Usde. In other words, if you hold USDT but still want to use the synthetic stablecoin eco -system of Ethena, you get the chance to earn extra yield.
Stimulate Ton’s Defi -Scene
By bringing Ethena’s synthetic assets to the chain, the partnership aims to breathe new life into the Decentralized Finance (Defi) environment of Ton. Recent dips in user involvement have encouraged the Ton Foundation to concentrate on growing its ecosystem, and offering synthetic stablecoins and possibilities for earning yield can be a step in the right direction. Future development plans include:
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A TON PEPTEMENT To convert crypto roses into daily purchases
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Payment integrations With Apple Pay and other debit services
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User -friendly tools To make peer-to-peer transactions and Defi activities more accessible Within telegram
What distinguishes synthetic stablecoins?
Unlike traditional stablecoins such as USDT or USDC – which are supported by FIAT reserves –synthetic stabilecoins As Usde rely on financial derivatives and covering to get stuck to the dollar. Ethena uses a delta-neutral strategy to keep its value stable and generatfe yield at the same time. This opens flexible savings options and is especially attractive for users in economies that have to do with inflation or volatile currencies.
Why Telegram’s fintech pivot matters
This movement per telegram fits into a wider trend between message platforms, such as WeChat and Linewho have integrated payment functions for convenience. Telegram, however, dives deeper by hugging Blockchain-based assets and decentralized portfolios. In essence, the aim is to be partly instant messenger and partly financial hub – all in one app.
Spread rollout in May 2025
Ethena’s integration with Ton Will happen in phases. Initially, Tsusde and Usde will be compatible with non-fulfilling portfolios such as Tonereper and Ton Space. After that, the support will extend to Telegram’s own custody. Later phases will focus on weaving these synthetic assets in more areas of Ton’s Defi Ecosystem, so that users have sufficient ways to act, borrow and save.
For Ethena, working with the Ton Foundation means making a huge user base that extends all over the world. For Ton, offering yielding synthetic stablecoins can help bring renewed energy to his blockchain scene.
For the hundreds of millions of users of Telegram, especially who are dealing with currency risks who can offer these new functions a practical way to save, yield and transactions in Dollar-Pegged assets without ever leaving the app that they already use every day.
