Ethena Partners With UR Global To Expand USDe Access Across 45 Countries

Core Insights - Ethena has partnered with UR Global to integrate its synthetic dollar stablecoin USDe into UR's neobank app, enabling usage in over 45 countries [1][6] - The UR app allows users to hold USDe alongside fiat currencies, with fee-free conversions and eliminated bank transfer fees [2][3] - The partnership aims to enhance the utility of stablecoins in retail finance, providing features like yield-bearing savings and upcoming Mastercard debit card functionality [3][4] Group 1 - Ethena's USDe will be available for everyday transactions, expanding its reach beyond decentralized finance applications [2][4] - Users can earn yields of up to 5% APY on USDe stored in the UR app, positioning it as an interest-bearing dollar account [3][4] - The integration reflects a broader trend of stablecoin adoption through partnerships with fintech and neobank platforms, amidst ongoing regulatory discussions [4]