Ethena Labs has integrated its USDe stablecoin into UR Global's newly launched neobank, providing users the opportunity to earn up to 5% annual percentage yield (APY) on their USDe holdings. To participate, users must complete KYC verification and maintain their USDe on the Mantle Network within the UR wallet. Rewards are distributed weekly, and users benefit from zero off-ramp fees when converting USDe to fiat.
In the coming weeks, UR plans to introduce a Mastercard debit card, allowing direct spending of USDe across major payment platforms. This integration aims to enhance user convenience and expand the utility of the USDe stablecoin.
Ethena's USDe Stablecoin Launches with UR Neobank Offering 5% APY
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