Ethena Expands USDe, sUSDe to Tron Network
Summary
- Ethena said its USDe and sUSDe are expanding to the Tron (TRX) network.
- Users can move USDe and sUSDe to the Tron network through Stargate Finance to hold or transfer them.
- The two assets will also be supported by major Tron-based decentralized finance (DeFi) services including JustLend DAO and SUN.
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Ethena’s stablecoins USDe and sUSDe are expanding to the Tron network.
Cointelegraph reported on Sept. 11 that Ethena had announced support for USDe and sUSDe on Tron.
Users can move USDe and sUSDe to the Tron network through cross-chain protocol Stargate Finance, where they can hold or transfer the assets. The two tokens will also be supported in the future by major Tron-based decentralized finance services including JustLend DAO and SUN.
Guy Young, founder of Ethena Labs, said Tron already has a large user base that holds and transfers digital dollars at scale. The integration allows Tron users to hold a reward-bearing digital dollar on a network they already use.
Justin Sun, founder of Tron, said millions of users use the network every day for payments, savings and value transfers. Support for USDe and sUSDe will expand user choice and strengthen Tron’s position as decentralized infrastructure for everyday use.
Uk Jin
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