PANews
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Beyond Stablecoins: How Ethena Builds an On-Chain Financial Engine?
Author: Tindorr, Crypto KOL
Compiled by: Felix, PANews
It was once thought that Ethena was just a stablecoin protocol—a synthetic dollar (USDe) that provides stable yields and some nice integrations.
When G, the founder of Ethena Labs, announced Ethena's 'Fusion' roadmap in January this year, he did not realize what was about to happen.
But as the research deepened, it gradually realized its ideas were too narrow.
Ethena is not just creating a better stablecoin; it is building the monetary infrastructure of the internet: a system that combines the capital efficiency of cryptocurrencies with the regulatory trust layer of traditional finance.
Compiled by: Felix, PANews
It was once thought that Ethena was just a stablecoin protocol—a synthetic dollar (USDe) that provides stable yields and some nice integrations.
When G, the founder of Ethena Labs, announced Ethena's 'Fusion' roadmap in January this year, he did not realize what was about to happen.
But as the research deepened, it gradually realized its ideas were too narrow.
Ethena is not just creating a better stablecoin; it is building the monetary infrastructure of the internet: a system that combines the capital efficiency of cryptocurrencies with the regulatory trust layer of traditional finance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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