Ethena has itself With the sound foundation togetherto integrate his synthetic stable coins Usde and Susde into the Telegram ecosystem and thus take an important step for the worldwide introduction of stable coins. This is an important milestone to make stable digital assets accessible via 1B Telegram users.
By embedding these stable coins in Telegrams Native Wallet and Ton-Compatible Wallets, users now have access to Defi services and reduction in return. The partnership will also introduce additional functions, including debit cards and Apple Pay, to further increase user -friendliness.
Ethenas Usde, a synthetic stable coin that offers decentralized and high -level options, is now available directly in Telegram native. Susde, which generates returns for the owner, will also be available as a TSUSDE.
The opportunity for Ethena to scale on Telegram and TON is massive, with similar examples of savings accounts and messaging applications having found enormous success already
‘Digital money market funds’ from Alibaba and Tencent alone saw a collective $265 billion in deposits… pic.twitter.com/jjL84mcyu2
— Ethena Labs (@ethena_labs) May 1, 2025
This enables Telegram users to shape, burn, transfer, transfer and use these stable coins directly in the app. Ethena aims to offer users, especially in emerging countries, a global dollar savingshikel via Usde without leaving the messaging app.
Die Integration From Ethena also goes beyond the wallet integrated in Telegram. The support of sound compatible Wallets such as Tonkeeper and Myton Wallet will expand the reach of Usde and Susde. This means that Telegram users can access Defi, regardless of whether they save, act or borrow from the tone blockchain.
In order to promote acceptance, Ethena has introduced several chances of return for users who hold their secure version of TSUSDE. Users receive 10 % annual percentage return (APY) in sound tokens that are paid weekly. The bonus is available for credit up to 10,000 TSUDE PRO Wallet, in addition to the basic return of SUSDE. This is intended to make Telegram users multiply their digital assets in a decentralized and accessible way.
Over and beyond leads Ethena The “Usdt Earn” function awith which users can deposit and earn interest on the basis of the Usde performance. This function closes the gap between traditional stable coins such as USDT and ethenas synthetic stable coins with higher returns.
As already mentioned, Ethena was inspired by the success of digital savings products in Asia, especially social messaging platforms such as Wechat, which have integrated returning tools into their ecosystem.
In addition to the app, Ethena will support the defi ecosystem of sound. With Usde and Susde in the most important sound walls and defi apps, users will have access to on-chain financial services. As we mentioned in our last post, Tons focuses on building a defi ecosystem with partners such as Tether and now Ethena in the blockchain area.
The integration of ethena into the sound ecosystem will increase the liquidity and usability of its stable coins and defi tools within Telegram. This is the basis for future integrations, including payment platforms such as debit cards and Apple Pay, subject to official approval. This will enable users to convert their Tsusde rewards into real purchases, which makes these digital assets more practical.
With a market capitalization of over $ 4.5 billion, Usde quickly gains traction and is the market leader in the field of synthetic stable coins. In contrast to USDT and USDC, which are secured by traditional assets such as US state bonds, Usde is secured by crypto assets such as Bitcoin and Ethereum. This strategy ensures that USE his attachment to the US dollar due to Delta hedging despite market fluctuations.
The introduction of Usde on the sound blockchain is expected to begin in May 2025, with further integrations for payment platforms planned. If Usde continues to gain popularity, he could finally challenge the dominance of USDT, which currently has a market capitalization of almost $ 900 million in the sound network.
The effects on the sound course are still uncertain, but if Usde continues to get riding, he could break the resistance of $ 3.5 and achieve $ 4 as a potential goal. The market capitalization of sound is currently $ 7.9 billion, with a daily trading volume of $ 145 million, while the course is around $ 3.18.
Ethenas partnership with sound will make decentralized financial services even more accessible, which makes stablecoins more accessible than ever. With the huge user base of Telegram, this will be the way to deeper integration of cryptocurrencies into daily life, especially in regions in which traditional banking is restricted.
No Comments