TL;DR
- Ethena deployed USDe and sUSDe on the TRON network, which has more than 403 million active accounts worldwide.
- Users can bridge both assets through Stargate Finance, with support for JustLend DAO and SUN.io expected in the coming weeks.
- USDe already operates on more than a dozen networks and is integrated with leading centralized exchanges and DeFi applications.
Ethena Labs and TRON DAO announced that USDe and sUSDe are available on the TRON network, one of the world’s largest stablecoin settlement systems.
The integration expands access to Ethena’s digital dollar products to a base of more than 403 million accounts, where dollar-denominated assets already circulate at scale.
Bridges, Support and New Expansions
Users can bridge USDe and sUSDe to TRON through Stargate Finance, with the ability to hold and transfer both assets within the network. Support for TRON’s leading DeFi applications, including JustLend DAO and SUN.io, is scheduled for the coming weeks. The expansion also contemplates adoption across wallets, exchanges and payment applications.
USDe adds an additional dollar-denominated asset to the TRON ecosystem, while sUSDe gives network users exposure to the rewards-accruing digital dollar product developed by Ethena. Cross-network connectivity is maintained through the company’s multichain ecosystem, ensuring interoperability with the liquidity available across all other supported networks.
Ethena’s Ecosystem Reaches 403 Million Users
Justin Sun, founder of TRON, highlighted that millions of people use the network daily to make payments, save and move value globally, and noted that the addition of USDe and sUSDe provides more options for users. For his part, Guy Young, founder of Ethena Labs, underscored that bringing both products to the TRON ecosystem allows those users to accumulate dollar-denominated rewards within the network they already use regularly.
The integration is part of USDe’s multichain expansion strategy, which currently operates on more than a dozen networks and is integrated with top-tier centralized exchanges and DeFi applications. Ethena aims to bring its digital dollar products to the largest possible number of users worldwide.
