Ethena Labs (@ethena_labs): Applications will be built on Converge specifically to enable TradFi to interact onchain with iUSDe, USDe, and Securitize-powered assets
Estimated coin impact
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Impact unavailable
Applications will be built on Converge specifically to enable TradFi to interact onchain with iUSDe, USDe, and Securitize-powered assets 5 protocols have already committed to support on Converge by building and distribute institutional-grade DeFi products on the network: - Horizon by Aave Labs: Bridging TradFi & DeFi with purpose-built markets for Securitize tokenized assets, including Ethena's institutional iUSDe - @Pendle_fi Institutional: Rate speculation infrastructure for scalable institutional opportunities like iUSDe - @MorphoLabs: Modular money markets for Ethena and Securitize assets - @maplefinance / @syrupfi: Verifiable on-chain institutional yield and credit products built on and for USDe and RWAs - @etherealdex: High-performance derivatives and spot trading built for Ethena liquidity with USDe collateral We're excited to work closely with all these major partners in building cutting-edge products to onboard institutional inflows For the first time traditional finance and internet finance will co-exist within the same execution environment, together, onchain