- Converge aims to promote Defi with stable RWAs using a fast, modular layer 2 infrastructure.
- Usde and USDTB as gas tokens ensure stable, low fees for RWA transactions.
The Ethereum Layer-2 Protocol Arbitrum has started Converge, a special blockchain for the handling of tokenized Real World Assets (RWAS) and for financing on the Chain. Converge was developed by Ethena Labs and Securitize and aims at stable assets at a billion dollar height. It uses Celestia’s data layer and uses Usde and USDTB as a gas token. Converge should give the defi system speed, stability and high liquidity.
Converge aims at RWA integration
According to the announcement Converge was developed by Arbitrum to handle tokenized RWA (Real World Assets) and financial instruments. You want to migrate assets worth $ 5 or $ 2 billion on converge.
The Chain will use the modular data availability layer of Celestia for faster and more efficient data processing. This will increase the reliability of defi transactions at the institutional level.
The stable coins Usde and USDTB will act as gas tokens for the chain to ensure the stability of the transaction fees. At the start, Converge will have a block time of 100 ms, whereby future upgrades are aiming for 50 ms. Network validation is ensured by Sena, ethenas staking token. Converge will also support the most important defi protocols, including the Ethereal Dex, and is planning to expand to further application-specific chains.
The upcoming style upgrade will open access for developers by enabling the development of smart contracts in solidity, rust and c. This will improve the scalability of applications and accelerate acceptance among developers with the support of several languages.
Arbitrum is progressing in the volatile market
Converge is introduced at a time when the activities in the L2 networks differ significantly. L2Beat data show that the Ethereum Mainset recorded an average of 14.10 UOPS (user operations per second) last year.
In contrast, the L2 network Base from Coinbase recorded an average of 83.99 UOPS and reached a peak of 155.44 on January 1, 2025. It processed more than 221 million operations within 30 days-it is the highest value under all L2 platforms so far.
Arbitrum One is still a leading L2 network, but recorded a decline in 30-day use by 35.9 % and came to 21.71 UOPS. However, the roll-up activity in the network rose to a league towards the end of 2024, which indicates a new interest and growing trust in the protocol. Analysts see it as a positive signal for the further Roadmap of Arbitrum.
In order to reinforce the dynamics of Arbitrum, the US platform Robinhood recently brought the Arb-token to the stock exchange, which led to a price increase of 14%. This step is expected to further strengthen the confidence of investors in the long -term growth of arbitrum, especially since it expands its benefits with converge.
By creating a special blockchain for RWAS and financial-oriented DAPPS, Arbitrum seems to strengthen its role in the next phase of the defi infrastructure-CNF reported. Converges combination of speed, interoperability and predictable transaction costs. It positions as a competitive application.
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