Ethena Enters Crypto Neobanking With New App, Takes USDe Beyond DeFi

Ethena has entered the crypto neobanking race. It is taking its synthetic dollar USDe one step closer to everyday money. The company has launched the beta of Ethena Pay, a self-custodial financial app that combines savings, payments and global transfers. This puts a banking-style interface around Ethena’s existing digital-dollar ecosystem. Built on Avalanche, Ethena Pay