Ethena’s New Roadmap Unites DeFi, CeFi, TradFi
Ethena Labs presented its new roadmap, promising a convergence between DeFi, CeFi, and TradFi. Its synthetic stablecoin, USDe, aims to replicate what Tether’s USDT did in 2014 and MarkerDAO did in 2017. Ethena’s Vision: DeFi, CeFi, TradFi Convergence According to the DeFi protocol, USDe succeeds because its reserves represent more than double the open interest in each combined perpetual…