Jan 5, 11:20 AM

Solana Launches Quantum-Resistant Vault; Ethena Labs Targets 900M Users with USDe Stablecoin, $100M Revenue and February Launch

Solana has announced the introduction of a quantum-resistant vault, utilizing hash-based signatures to enhance security against potential quantum hacking threats. This new feature, termed the Winternitz Vault, allows users to secure transactions with fresh keys and is available as an opt-in option, avoiding any associated fork drama. Meanwhile, Ethena Labs is making strides in decentralized finance (DeFi) by integrating its USDe stablecoin into the Telegram ecosystem. The company aims to reach 900 million users with a neobank-like application that facilitates payments and savings, leveraging partnerships with traditional finance (TradFi) to scale its iUSDe stablecoin by February. Ethena Labs has reported generating $100 million in revenue within 251 days, showcasing strong early adoption and market interest in its offerings.

#Solana #Winternitz Vault #Ethena Labs #Telegram

Written with ChatGPT (GPT-4o mini).