Ethena plans to migrate its $6 billion DeFi ecosystem to Converge, while Securitize will use the blockchain for tokenized asset issuance

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Ethena plans to migrate its $6 billion DeFi ecosystem to Converge, while Securitize will use the blockchain for tokenized asset issuance

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Ethena Labs, the tokenization firm behind the synthetic dollar USDe and USDtb stablecoin backed by BlackRock’s BUIDL fund, plans to move its $6 billion DeFi ecosystem to Converge, a new Ethereum-compatible blockchain it built in partnership with Securitize

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Ethena Foundation

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Crypto news