Telegram users can now earn up to 18% interest with seamless access to DeFi through Ethena’s USDe stablecoin integration.
In a major move toward simplifying decentralized finance (DeFi), Ethena Labs has announced the integration of its crypto-based savings program directly into Telegram via the TON (The Open Network) blockchain. This groundbreaking development allows users to manage and stake USDe, Ethena’s stablecoin, within Telegram-compatible wallets such as TON Space, Tonkeeper, Tonhub, and MyTonWallet.
The integration makes Telegram more than a messaging platform—transforming it into a powerful tool for crypto savings and passive income generation.
Seamless DeFi Access for Over a Billion Telegram Users
Ethena’s native integration with the TON blockchain enables users to buy, store, and stake USDe directly from the Telegram interface. With the added option to convert USDe into tsUSDe, users can earn up to 18% APY, turning everyday Telegram activity into a potential investment opportunity.
Access to Ethena’s savings protocol is made easy via non-custodial wallets, removing traditional onboarding barriers. Users can fund their wallets through DeFi swaps on TON or via centralized exchanges like ByBit and MEXC.
16-Week APY Campaign Boosts Adoption
To incentivize early participation, Ethena launched a 16-week promotional campaign offering tiered yields starting at 10% APY, eventually tapering to 5%, with an average base yield of 8% on tsUSDe. Rewards are distributed every eight hours in TON, and users must maintain a balance of at least 10 tsUSDe and 10 TON to qualify.
Each wallet is capped at 10,000 tsUSDe for yield eligibility, ensuring equitable participation across the ecosystem.
Expanding the DeFi Ecosystem
The integration is further supported by STON.fi, which facilitates staking, swaps, and liquidity provision within the TON network. Ethena is also gaining traction outside of Telegram, with its sUSDe token now accepted as collateral on Aave, one of the largest DeFi lending platforms. Notably, the supply of sUSDe has already surpassed $1 billion, signaling strong demand for Ethena’s higher-yield offerings.
Looking Ahead: The ‘Converge’ Blockchain
In partnership with Securitize, Ethena is preparing to launch Converge, a purpose-built blockchain aimed at supporting DeFi and asset tokenization. Designed for both decentralized and permissioned applications, Converge will offer fast transaction times and allow users to pay gas fees using Ethena tokens.
A Step Toward Mainstream Crypto Adoption
Ethena’s integration into Telegram via the TON ecosystem marks a significant step toward making DeFi more user-friendly and accessible. With simplified onboarding, high yields, and native support in the world’s most-used messaging app, Ethena is lowering the barrier for everyday users to participate in the crypto economy.
