{"id":24713,"date":"2025-05-01T13:32:10","date_gmt":"2025-05-01T13:32:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24713"},"modified":"2025-05-01T13:32:10","modified_gmt":"2025-05-01T13:32:10","slug":"ethena-deal-with-ton-crypto-will-tonusdt-surge-above-4","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24713","title":{"rendered":"Ethena Deal With TON Crypto: Will TONUSDT Surge Above $4?"},"content":{"rendered":"<div>\n<p><em>Ethena Labs partners with TON Foundation to integrate USDe stablecoin, aiming to leverage the over 1 billion users on Telegram. Will TONUSDT spring higher, breaking $4? In Q1 2025, TON crypto posted sharp losses.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Crypto thrives when projects collaborate, and developers are eager to build. On Ethereum, Ethena Labs is innovating with its popular delta-neutral stablecoin, USDe, which currently boasts a market cap in the billions. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, after establishing a solid foundation on Ethereum, the TON blockchain is now one of the largest networks globally. With a market cap <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/coins\/toncoin\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">exceeding $7.7 billion<\/span><\/a><span data-preserver-spaces=\"true\">, it has secured a spot in the top 20, although its valuation took a hit over the past four months.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Ethena Labs Partners With TON Foundation<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">However, based on recent trends and partnership developments, TON may be on the path to recovering its losses. Earlier today, Ethena Labs, the team behind the USDe stablecoin, signed a deal with the TON Foundation to integrate its synthetic stablecoin into the TON ecosystem.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s worth noting that the TON ecosystem is expansive and includes the popular messaging platform Telegram. Telegram has played a pivotal role in its success. Presently, over one billion global users can easily access the blockchain and utilize some of its features.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Innovations like Telegram mini-apps, which powered tap-to-earn platforms such as Hamster Kombat, drove TON prices in 2024 as users flocked to participate in the ecosystems of some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Ep. 2 Code Series: Your First Telegram Mini App in 5 Minutes\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/wjdTLU4Ima4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Now, the<\/span> <span data-preserver-spaces=\"true\">focus is on the Ethena Labs partnership. As part of this deal, Ethena Labs aims to leverage the TON blockchain and Telegram\u2019s global user base to drive the adoption of the USDe stablecoin. Like USDT or USDC, the token can be used for payments, savings, and even DeFi.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing the product for a billion people:<\/p>\n<p>Today we announce our partnership with <a href=\"https:\/\/twitter.com\/ton_blockchain?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@ton_blockchain<\/a> to power finance&#8217;s most powerful use case:<\/p>\n<p>To send, save and pay with a globally accessible dollar<\/p>\n<p>Internet money, now available for <a href=\"https:\/\/twitter.com\/telegram?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Telegram<\/a>&#8216;s billion users<\/p>\n<p>Details below: <a href=\"https:\/\/t.co\/oFjUvVX1CN\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/oFjUvVX1CN<\/a><\/p>\n<p>\u2014 Ethena Labs (@ethena_labs) <a href=\"https:\/\/twitter.com\/ethena_labs\/status\/1917855295335981232?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">Will USDe Replace USDT on The TON Blockchain?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Already, USDe boasts a market cap of over $4.5 billion and leads the synthetic stablecoin space. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Unlike USDT and USDC, which are backed by assets like U.S. Treasuries, USDe is collateralized by crypto assets such as Bitcoin, Ethereum, and liquid stablecoins. Additionally, the team employs delta-hedging strategies to ensure that USDe maintains its peg to the U.S. dollar at $1, regardless of market conditions.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"What Is Ethena and USDe? Could It Be the Future of Stablecoins?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/FpCv9MqCRlI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">USDe is not directly backed by the USD but continues to track the dollar. This feature appeals to purists seeking censorship-free transactions while earning a yield from their stablecoin holdings. The staked version of USDe offers an <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/ethena.fi\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">average APY of 19%<\/span><\/a><span data-preserver-spaces=\"true\">, higher than that of popular USD-backed stablecoins.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The rollout of USDe on the TON blockchain is expected to begin in May 2025. There are plans to integrate bank cards and Apple Pay, though these are subject to regulatory approvals.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Will TONUSDT Break $4?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The impact on the TON blockchain remains to be seen, as the network already supports USDT. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/tether.to\/en\/supported-protocols\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Tether documents<\/span><\/a><span data-preserver-spaces=\"true\">, the Tether Holdings token is highly popular, with a market cap of nearly $900 million.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For TON holders, the focus is on price. If USDe gains traction, transaction volume will likely increase, driving demand for TON, which is used for gas payments.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although the partnership is highly bullish, the coin remains under pressure, posting deep losses like some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.tradingview.com\/x\/bcijQhPi\/\" alt=\"Ethena Labs partners with TON Foundation to integrate USDe stablecoin. Will TONUSDT spring higher, breaking $4?\" width=\"1499\" height=\"859\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/bcijQhPi\/\" target=\"_blank\" rel=\"noopener nofollow\">TONUSDT<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The local resistance stands at $3.5, with support at $2.75. If bulls break through $3.5, prices could soar to $4, marking a welcome recovery after the downturn in Q1 2025.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">11 Best Crypto Presales to Invest in May 2025 \u2013 Top Token Presale<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Ethena Labs Partners With TON, Will TONUSDT Hit $4<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Ethena Labs is partnering with the TON Foundation to drive USDe adoption<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">TON blockchain has ties with Telegram, a messaging platform with over 1 billion users<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">USDe is gaining traction, but USDT is still dominant <\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Will TONUSDT break $4?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/ethena-deal-with-ton-crypto-will-tonusdt-surge-above-4\/\">Ethena Deal With TON Crypto: Will TONUSDT Surge Above $4?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethena Labs partners with TON Foundation to integrate USDe stablecoin, aiming to leverage the over 1 billion users on Telegram. Will TONUSDT spring higher, breaking $4? In Q1 2025, TON crypto posted sharp losses. Crypto thrives when projects collaborate, and developers are eager to build. On Ethereum, Ethena Labs is innovating with its popular delta-neutral [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24713","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24713"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24713\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}