Ethena Labs Partners with UR Global, Brings USDe to Digital Banking

Ethena Labs has announced a strategic partnership with fintech firm UR Global to integrate its synthetic dollar stablecoin, USDe, into UR’s newly launched digital banking platform. The collaboration aims to bridge decentralized finance (DeFi) and traditional banking, enabling users in over 45 countries to hold, convert, and soon spend USDe directly through the UR neobank app. https://twitter.com/ethena_labs/status/1975482653882327104 In addition to transactional features, the integration allows USDe holders to earn up to 5% annual yield without staking or locking assets. The platform also eliminates off-ramp fees for USDe-to-fiat conversions, simplifying crypto-to-fiat transactions. UR Global provides self-custody wallets secured by biometric

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