On January 3, Ethena Labs unveiled its roadmap for 2025, introducing a Telegram app designed for payments and savings using its sUSDe stablecoin.
Launch of Telegram App
Ethena Labs' new Telegram app will integrate with sUSDe for payments and savings, enabling users to send, spend, and save sUSDe directly within the messaging app. The platform also supports mobile payments through Apple Pay.
Role of sUSDe in the Ecosystem
Ethena Labs emphasizes the importance of a dollar with yield as a key asset for wealth preservation, positioning sUSDe as a unique crypto product capable of attracting a billion users, rivaling Tether.
Future Developments of Ethena Network
The company plans to evolve into a comprehensive platform for on-chain financial innovation, known as Ethena Network. In this strategy, the sENA token will play a crucial role. Major applications like Ethereal and Derive will be developed on this platform.
Ethena Labs aims to expand its offerings in the DeFi space with new stablecoin-based products, including perpetual products and undercollateralized lending.
