USDe goes global – Ethena links with UR Global neobank
Ethena Labs partnered with UR Global to integrate USDe into the neobank's platform across more than 45 countries. The announcement came through a post on X.
UR Global will add USDe to its neobanking infrastructure, letting users access the synthetic dollar for payments, savings, and financial services. Ethena Labs provides the protocol and stablecoin technology, while UR Global supplies the distribution network and banking platform.
The partnership focuses on making USDe available in emerging markets through UR Global's existing infrastructure. Both companies plan to work on regulatory compliance, local fiat on-ramps, and user experience improvements to support daily financial transactions in participating countries.
Ethena's USDe currently holds several billion dollars in total value locked. The synthetic dollar protocol has grown rapidly among USD-denominated crypto assets. The company has previously integrated with centralized exchanges and DeFi protocols, including partnerships within blockchain ecosystems like TON.
The partnership focuses on making USDe available in emerging markets through UR Global's existing infrastructure. Both companies plan to work on regulatory compliance, local fiat on-ramps, and user experience improvements to support daily financial transactions in participating countries.
Ethena's USDe currently holds several billion dollars in total value locked. The synthetic dollar protocol has grown rapidly among USD-denominated crypto assets. The company has previously integrated with centralized exchanges and DeFi protocols, including partnerships within blockchain ecosystems like TON.
UR Global operates a neobank platform serving users across multiple regions. The integration will give the platform's customer base direct access to USDe for routine financial operations.
The partnership extends Ethena's distribution beyond crypto exchanges and DeFi platforms into traditional banking services. UR Global gains access to stablecoin infrastructure that can plug into its existing payment and savings products.
Both parties stated they will address regulatory requirements in each market where UR Global operates. The implementation includes building local fiat on-ramps to allow users to convert between USDe and their domestic currencies.
The partnership extends Ethena's distribution beyond crypto exchanges and DeFi platforms into traditional banking services. UR Global gains access to stablecoin infrastructure that can plug into its existing payment and savings products.
Both parties stated they will address regulatory requirements in each market where UR Global operates. The implementation includes building local fiat on-ramps to allow users to convert between USDe and their domestic currencies.
Author
Sebile Fane cut her teeth in blockchain by building tiny NFT experiments with friends in her living room, long before the buzzwords took hold. She’s driven by a curiosity for the human stories behind smart contracts — whether it’s a small-town artist minting her first token or a DAO voting on climate grants — and weaves technical insight with genuine empathy.
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