Ethena Labs Launches High-Yield Savings in TON Network, Expanding Financial Services

Ethena Labs has launched high-yield savings within the TON ecosystem, offering users up to 18% APY. This move expands its stablecoin services and aims to attract more users to the TON platform. The partnership also introduces USDe and sUSDe tokens, further solidifying Ethena’s presence in the crypto industry. Ethena Labs is collaborating with the TON Foundation led by Max Crown, CEO of the TON Foundation, to deliver financial products to over one billion Telegram users.