- Converge Blockchain, which should be launched in T2 2025, combines DEFI with institutional finance.
- The stablescoins USDE and USDTB of Ethena will supply gas costs on the Converge network.
- Converge operates Arbitrum and Celestia for high performance and low latency.
Ethena and Securitize have revealed their next launch of Converge Blockchain, which will fill traditional finances and decentralized finances (DEFI). The main launch of Converge should occur by the end of T2 2025 and will support DEFI applications without authorization and authorized institutional products.
The combination of arbitrum with the Celestia data availability network allows converge to run transactions quickly and effectively process data.
Converge innovation is activated thanks to its connection with the stablescoins of the USDE and the USDTB of Ethena to pay gas costs, thus reducing the volatility of payments while rationalizing the accounting procedures. The platform has been designed to attract the main institutional actors of DEFI thanks to its secure and effective features.
Technological framework and security
Converge Blockchain will maximize its transaction speed while minimizing latency and associated costs by implementing arbitrum technology. The incorporation of the Celestia data availability layer in Converge allows the network to manage large volumes of data without excessive storage expenditure. Arbitrum and Celestia working together will extend the limits of the performance of the available transactions on Ethereum compatible networks.
Converge Validator Network (CVN) will ensure blockchain security by acting as a governance council. Validators participating in the CVN must deposit their Ethena chips as a stake while using these tokens for network governance.
The CVN will allow activities to take a break in an emergency or for the main proposals, which guarantees that the network remains secure and in accordance with regulatory requirements. The inclusion of this safety measure distinguishes the share as a platform adapted to institutional use.
DEFI connection and traditional financing
The integration of real world assets (RWA) with DEFI represents a fundamental growth stage for the financial sector. Ethena runs the DEFI sector through a USDE synthetic dollar, which contains $ 5 billion in assets, while security continues to provide tokenization services to large institutions, including Blackrock and Apollo.
The integration of Ethena and Securing Infrastructure allows converge to create a fluid link between institutional financing and decentralized financial protocols. The Blockchain platform will allow institutional issuers and individual developers to deploy various financial applications, thus becoming a versatile platform for the use of crypto.
