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Ethena integrates USDe and sUSDe stablecoins on TRON
Ethena Labs and TRON DAO have announced the integration of Ethena’s synthetic dollar tokens, USDe and sUSDe, onto the TRON network. The rollout utilizes Stargate Finance as the bridging layer, allowing users to bridge, hold, and transfer these assets across the blockchain.
USDe is a synthetic dollar that maintains its peg through a delta-neutral hedging strategy, while sUSDe is a staked, yield-bearing version of the token. The integration aims to provide TRON users with diversified dollar-denominated assets within its stablecoin settlement ecosystem, which currently serves over 403 million accounts.
Following the initial launch, both tokens are expected to be integrated into prominent TRON decentralized finance (DeFi) protocols, including JustLend DAO and SUN. io, in the coming weeks.
Entities
Ethena Labs · JustLend DAO · SUN. io · Stargate Finance · TRON DAO