Ethena Collaborates with UR Global to Broaden USDe Availability in 45 Countries

Reported 1 day ago

Ethena has teamed up with UR Global to integrate its synthetic dollar stablecoin, USDe, into UR Global's neobank app, allowing users in over 45 countries to utilize USDe for savings and payments. This partnership eliminates conversion fees and facilitates the storage of USDe alongside fiat currencies, with users also able to earn up to 5% APY on their holdings. The collaboration aims to expand the use of stablecoins in retail finance and enhance acceptance among consumers.

Source: YAHOO

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