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Ethena’s USDe and sUSDe Go Live on TRON, Tapping 403 Million Accounts $USDT

Ethena’s USDe and sUSDe Debut on TRON

On 12 September 2026, TRON DAO and Ethena Labs announced that USDe and sUSDe are now live on the TRON network. Users can bridge both assets via Stargate Finance and hold or transfer them across TRON. Support from core DeFi apps like JustLend DAO and SUN.io is expected in the coming weeks, with broader wallet and exchange adoption to follow.

Why TRON’s 403 Million Accounts Matter for Ethena

TRON hosts over 403 million user accounts and more than $94 billion in circulating USDT, making it the largest stablecoin settlement network. By bringing USDe and sUSDe to this ecosystem, Ethena gains direct access to a massive base of users who already transact in digital dollars. sUSDe offers rewards-bearing exposure, potentially attracting yield-seeking capital that currently sits idle in USDT.

USDe’s Multichain Push Now Covers a Dozen Networks

This integration marks the latest step in USDe’s multichain expansion, with the asset now supported across more than a dozen networks. USDe on TRON remains connected to liquidity across Ethena’s other supported networks, preserving interoperability. The move also deepens Ethena’s ties with TRON, which reports over 15 billion transactions and $28 billion in total value locked as of September 2026.

What to Watch: DeFi Rollout and Liquidity Depth

Over the coming weeks, the pace of support from JustLend DAO and SUN.io will indicate how quickly USDe and sUSDe gain traction on TRON. Watch the total value locked in these protocols and the growth of USDe’s circulating supply on TRON. A sustained increase above $1 billion in bridged USDe would confirm strong demand, while slower adoption could signal that users prefer established stablecoins like USDT.

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