This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Converge has unveiled its high-speed DeFi infrastructure, integrating Arbitrum and Celestia while targeting sub-100ms block times. With over $7 billion in assets set to migrate, the network aims to revolutionize institutional DeFi access.
- Converge targets revolutionary 50ms block times by year-end, using Arbitrum, Celestia, and a G2 sequencer for institutional-grade DeFi infrastructure.
- The network introduces stablecoin gas fees (USDe/USDtb) and ERC-7702 account abstraction for predictable costs and batch transaction capabilities.
- Ethena and Securitize plan to migrate $7 billion in assets ($5B USDe + $2B tokenized assets) to Converge's cross-chain compatible network.
📎 Related coverage from: crypto-news-flash.com