Every blockchain has its primary stablecoin. In EVM,, it’s #USDT# ; on #Solana# , it’s #USDC# . But what about TON?

Recently, $USDe — a stablecoin from #Ethena# Labs — appeared on STONfi, the leading DEX on the #TON# blockchain, and here’s why it’s poised to become the native stablecoin of this blockchain:

First, its operation no longer requires any bridges or external services; everything happens natively on TON through STONfi.

Second, there’s an opportunity to earn Ethena Points through staking and providing liquidity. While staking is straightforward, I’d like to dive deeper into liquidity provision. On STONfi, there are three liquidity pools with USDe:

> USDe/USDT - <0.1% APR + Ethena Points

> tsUSDe/USDe - 4.5% APR + Ethena Points

> TON/USDe - 24% APR but no Ethena Points

In my opinion, the “golden mean” is the second pool, as it combines a decent APR with Ethena Points. Plus, it’s a WStable pool, meaning minimal impermanent loss (IL), which could be a concern in the third pool, where the APR is the highest.