Ethena Labs and Financial Technology Companies, the developer of USDE (USDE), have published a preliminary roadmap for high -communication block chains that focus on the upcoming Converge Network, the actual assets and definition of financial and defi.
According to this announcement, the test net will live in the next few weeks, and the Mainnet will begin in late 2025.
Converge is characterized by a 100 millisecond (MS) default block time and plans to reduce the block time to 50ms by the fourth quarter of 2025. The developer plans to achieve at least one potential throughput over 2025. GIGAGAS plans to measure billions of gas units treated with blockchain networks within one second.
Ethena and Securitize are starting their networks to support the licensed real tokenization applications and authorized Defi applications as the lines between traditional finances and distributed finances are continuously blurred.
relevant: Ethena Labs ends the German market in accordance with a contract with Bafin.
Traditional finance to converge with the world of encryption
Traditional financial institutions use more and more distributed financial protocols and interact with tokenized actual assets such as stablecoins and tokenized bonds.
The merge of Tradfi and Defi has a mixed reaction from the encryption community, and some say that the two worlds gather together to warn of institutional capture.
In an interview on January 21, Jenny Johnson, CEO of Franklin Templeton, told Bloomberg that US President Donald Trump will establish clear regulations to integrate encryption and traditional finance.
Johnson said, “We must have any kind of regulatory clarity because we will basically cause costs and have great innovations that enable technology.
SIBTOSHI, the founder of Silentswap Privacy Trading Platform, recently said that some institutions are hesitant to adopt the current distributed financial solutions in Cointelegraph.
The founder of Defi added that the protection of personal information, legal responsibility and unclear regulations interfere with institutional adoption, but there are already tools to solve these problems.
SHIBTOSHI told Cointelewraph, “The institution realized the benefits of safe distributed systems: in early 2021, almost one of the three institutional investors in encryption is already using Defi.
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