Ethena Labs Leverages LayerZero to Expand to TON

Twitter icon  •  Published 2 days ago on May 2, 2025  •  Hassan Maishera

On Thursday, the LayerZero team announced via X that Ethena Labs is expanding to the TON blockchain, utilizing LayerZero as its underlying technology.

Ethena Labs Leverages LayerZero to Expand to TON

On Thursday, the LayerZero team announced via X that Ethena Labs is expanding to the TON blockchain, utilizing LayerZero as its underlying technology. The expansion unlocks access to USDe for Telegram's entire user base.

Telegram users can now benefit from a globally accessible dollar savings vehicle via Ethena's USDe right within their Telegram app.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $2.743, down 2% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.