One thing that comes to mind is the quiet yet powerful development of a new type of stablecoin, not only in DeFi but also potentially expanding into TradFi, becoming a true stablecoin-backed crypto and a crucial bridge between DeFi and TradFi. Indeed, this holds immense significance for both @ethena_labs and @infinifilabs, while also playing a key role in my Ethena PT-stablecoin looping strategies on @aave.
Ethena assets are powering @infinifilabs sUSDe & Ethena PTs now sit at the core of iUSD, InfiniFi's digital dollar Over 50% of InfiniFi's iUSD backing will be allocated to Ethena assets sENA holders are also eligible for boosted InfiniFi points
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