Home • TON & GameFi

Ethena Brings Dollar Yield to Telegram’s Billion Users via TON

Thu May 01 2025

Ethena is integrating high-yield stablecoins into Telegram wallets via TON, giving over a billion users easy access to dollar savings, staking, and DeFi — all inside their favorite chat app.

💥 Telegram Just Became a Bank — Without the Bank

Ethena is bringing dollar savings to a billion users — right inside Telegram. Through a major integration with TON and Telegram’s wallet ecosystem, users can now earn up to 10% APY on a synthetic dollar stablecoin called USDe — all without ever opening a bank app.

This is finance for the Telegram generation — decentralized, yield-bearing, and mobile-native.

💸 What’s USDe — and Why Should You Care?

USDe is not your average stablecoin:

🧠 It’s algorithmic, not backed by banks
💼 Issued by Ethena Labs, governed by the Ethena Foundation
📊 Current market cap: $4.7 billion
💰 Earn yield via tsUSDe (TON-native staked version)

It’s the #3 stablecoin globally — and it actually earns you something. By staking tsUSDe, you can earn up to 10% APY on up to 10,000 tokens.

Try getting that from your local savings account.

📲 How It Works: Tap, Stake, Earn

Launching in May 2025, Ethena is rolling out three key products:

1. 🛠 Non-Custodial Wallet Support

Use wallets like TON Space, Tonkeeper, or TonHub to:

Buy USDe via DEXs like Ston.fi or Stargate Finance
Stake into tsUSDe and start earning yield

2. 🤖 Telegram Wallet Integration

Via @wallet_tg, you can:

Buy USDe directly in Telegram
Earn yield without leaving the app
Manage funds with a few taps

3. 🧱 TON DeFi Infrastructure

Use tsUSDe for:

Lending
Trading
Fixed-yield savings

And later in 2025:
🛍️ Debit cards + Apple Pay support incoming (pending approval). Real-world spending, DeFi-style.

🌍 Big Deal for Emerging Markets

This isn’t just a Web3 flex — it’s a financial lifeline.

“Billions live with inflation over 4%, without reliable banks,”
says Ethena founder Guy Young.
“Now they can store value in dollars and earn yield — inside Telegram.”

Think WeChat + Alipay, but open, borderless, and crypto-native.

In China, digital wallets absorbed $265B+ in deposits from 850M users.
Ethena’s plan? Go bigger — and global.