Now picture Sarah, a single mother in rural Alabama, unable to find or afford access to basic financial services. Mainstream banks consider her too much of a credit risk, forcing her to resort to exploitative payday lenders. With its promise of permissionless finance, DeFi has the potential to be her...
The confluence of decentralized finance (DeFi) and real-world assets (RWAs) marks a major turning point in the evolution of blockchain. We believe Ethena’s Converge blockchain is a revolutionary part of this movement, created to achieve the best of both worlds. Converge harnesses cutting-edge technology and creates innovative partnerships. Their mission...
(Image: A 'Distracted Boyfriend' meme. DeFi, the boyfriend, looks lovingly at Converge, a high tech sleek spaceship. Meanwhile, his real girlfriend, Established DeFi Solutions, looks at him in heartbreak and rage. Caption: "DeFi tries to resist the allure of RWAs, powered by meme magic and stablecoin gas fees."Okay, let’s be...
This new Layer-1 blockchain intends to serve as the bridge between decentralized finance (DeFi) and real-world assets (RWAs). Converge will be going live on the mainnet in the second quarter of this year. It aims to do this by fulfilling the ever-increasing demand for tokenized RWA in a decentralized space....
