According to Techub News, @leptokurtic_, the founder of the stablecoin protocol Ethena, posted that Ethena will launch a new product iUSDe in February, which aims to export sUSDe to traditional finance in a regulated form.

iUSDe is the same as sUSDe, but adds a layer of wrapper contracts and some transfer restrictions at the token level so that traditional financial entities can hold and use it.