Ethena Partners with UR Global to Expand USDe Access Globally

Ethena Labs has forged a strategic partnership with UR Global to integrate its synthetic dollar, USDe, into UR's neobank platform. This collaboration aims to democratize decentralized finance (DeFi) access across 45+ countries, merging traditional banking infrastructure with on-chain finance.

The integration enables UR Global users to manage USDe alongside fiat currencies through mobile and web applications, with full transparency on the Mantle Network. The partnership bridges DeFi and traditional finance, offering compliant, borderless transactions with multi-currency support including USD, EUR, and SGD.

USDe holders can earn up to 5% APY automatically—no staking required—through UR's banking interface. The solution combines yield opportunities with seamless global transfers via SEPA, SWIFT, and SIC networks.