ChainCatcher news, according to official sources, Ethena has released its 2025 roadmap "Convergence." Ethena's next phase of growth will primarily be driven by extending product offerings to traditional finance, with a new product "iUSDe" set to launch next month. This product aims to export sUSDe in a regulated form to the TradFi sector. "iUSDe" is similar to sUSDe but includes a simple wrapping contract that adds some transfer restrictions at the token level, allowing traditional financial entities to hold and use it. This enables traditional finance to efficiently access the product without engaging with the cryptocurrency space.Ethena will announce the initial TradFi distribution partners for iUSDe this month. Additionally, Ethena plans to address payment and savings tool use cases by building dedicated applications within the Telegram and TON ecosystems, specifically by launching a dedicated use case for sUSDe in the Telegram app, where users can send, spend, and save tokens in a mobile banking-like experience.Beyond its core products, Ethena will continue to transition from a single-asset issuer to a best-in-class builder, leveraging and implementing on-chain financial innovations. There are currently two potential initiatives: the spot trading platform Ethereal and the on-chain options and structured products protocol Derive. Ethereal will open its testnet next month, while Derive will launch its token within the next two weeks. These are just the first examples of the entire DeFi ecosystem built on sUSDe, with more examples set to be released in the first quarter of 2025.