USDe on TON: A Decentralized Stable, Yield-Bearing Digital Dollar

Saturday, May 31, 2025 5:59 pm ET1min read

Ethena has launched USDe, a decentralized stable asset on the TON network. USDe is a synthetic dollar that is fully backed and earning yield, providing a stable alternative to fiat-pegged stablecoins. The asset employs a delta-neutral strategy to maintain its peg and is accessible to TON users for use in financial services, such as staking and exchanging. Users can earn "Ethena Points" for participating in the ecosystem, encouraging engagement and incentivizing participation.

USDe on TON: A Decentralized Stable, Yield-Bearing Digital Dollar

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