Ethena reveals roadmap for 2025, eyes Telegram payment app
Ethena Labs announced its 2025 roadmap, introducing a Telegram application for payments and savings using the sUSDe stablecoin, aiming to create a neobank experience. Users can send, spend, and save sUSDe within the app, with Apple Pay integration for mobile payments. Ethena seeks to rival Tether by evolving into the Ethena Network, a platform for on-chain financial innovation, allowing developers to create DeFi applications using sUSDe. The sENA token will accrue value similarly to Binance’s BNB, with airdrops incentivizing growth. Two applications, Ethereal and Derive, will be built on Ethena Network; Ethereal is a perpetual and spot exchange, while Derive focuses on options products. The roadmap emphasizes the dollar's role in on-chain capital flows and aims to provide infrastructure for DeFi protocols based on dollars. New stablecoin-based products powered by sUSDe are expected to launch this quarter, including perpetual products and undercollateralized lending.
