Ethena Pay launches with self-custodial USDe balances, a tiered total rate up to 6% including a promotional Daily Boost, and up to 5% cashback.

Ethena Labs has launched the beta of Ethena Pay, a new self-custodial money app built on Avalanche, across 48 countries.

Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement.