Ethena Labs is now available On January 3, a roadmap for 2025 was announced, including the launch of the Telegram application for payments and savings based on the sUSDe stablecoin, aimed at providing a “neobank experience”. It was
This initiative will allow users to send, spend, and store sUSDe directly within their messaging apps. Additionally, users can easily transition between sUSDe savings and direct mobile payments via Apple Pay integration.
According to Ethena Labs:
“Yielding dollars are the most important savings asset on the planet for preserving wealth, and the only cryptocurrency-enabled product other than Bitcoin that has the potential to reach 1 billion users.”
A network comparable to Tether
The roadmap highlights that Ethena’s vision continues to rival Tether as a cornerstone of the cryptocurrency ecosystem by evolving from a single-asset issuer to a platform of on-chain financial innovation called the Ethena Network. It was done.
Developers can leverage Ethena’s infrastructure to create new DeFi applications on top of sUSDe. Additionally, the sENA token plays a key role in this strategy, creating value in a model similar to Binance’s BNB.
Ecosystem applications allocate a large portion of the token supply for airdrops to sENA holders, aligning incentives and fostering growth.
Ethereal and Derive, two applications announced to be built on the Ethena Network, are also integral parts of Ethena’s roadmap this year. Ethereal is a persistent spot exchange powered by sUSDe that runs on its own application-specific blockchain. Built-in native rewards and Ethena liquidity support.
Derive is an optional product on-chain protocol. sUSDe is the core collateral, and the document states that upcoming token launches are expected to drive further adoption.
dollar is the backbone
Ethena’s roadmap points to the importance of the dollar as the backbone of on-chain capital flows, from payments and settlements to core DeFi primitives such as loans and derivatives.
According to the document, the goal is to become an infrastructure provider that can restructure any DeFi protocol based on dollars and improve their economics.
Additionally, we foresee an expansion of new stablecoin-based products powered by sUSDe that will be rolled out this quarter. Products include perpetual products, prediction markets, gambling finance platforms, and undercollateralized lending.
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