USDe on TON: A Future Possibility

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[1] | Ethena's Focus

Ethena is actively building its presence within the TON ecosystem, largely through its collaboration with STONfi. The project is offering extra incentives for those who provide liquidity and hold its assets, strengthening its position on the $TON blockchain.

[2] | Earning Ethena Points

A current initiative allows you to farm Ethena points by providing liquidity or swapping tsUSDe and USDe tokens on STONfi. These points are expected to be part of a future distribution from the Ethena project.

[3] | A Potential Shift

While the familiar tether exists on TON, it doesn't see much active development. This leaves $TON as the main asset for activity. There is a possibility that USDe could grow into a leading stablecoin role on TON in the future, similar to USDC's use on other networks, though it is not the native stablecoin yet.

And if you're interested in TON ecosystem - check this list: ston_fi/tokens-dex