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Ethena Labs is leaping from its flagship synthetic dollar, USDe, to a full product suite—USDtb, iUSDe, and the Arbitrum-based Converge Chain—designed to marry crypto-native yields with TradFi-grade compliance. Our analysis shows how expanding into CME, ETF options, and tokenized Treasuries could lift protocol revenue from sub-$500 million in a bear case to several billion dollars if favorable regulation and institutional adoption align.
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Bitcoin is still rising, 11 years after the documentary film The Rise and Rise of Bitcoin

Arch Labs CEO told Blockworks that the team plans to launch a native token, but declined to give details
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Blockworks Research
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Blockworks Research
Blockworks Research