Ethena Labs Brings USDe to 45+ Countries with UR Global Neobank Partnership
The collaboration introduces USDe to everyday finance, offering users up to 5% APY and zero-fee fiat conversion, intensifying competition in the stablecoin market.
October 7, 2025
Companies mentioned:
Ethena Labs partners with neobank UR Global to integrate USDe into its platform across 45+ countries.
Users can earn up to 5% APY on USDe holdings with no fees for converting USDe to fiat.
The partnership expands USDe's use in everyday finance through iOS, Android, and web applications.
Ethena Labs has announced a strategic partnership with UR Global, a neobank, to integrate its USDe stablecoin into UR's financial platform, which operates in over 45 countries. This move allows users to hold USDe and earn up to 5% APY, bridging the gap between decentralized finance and traditional banking services.
A key feature of this collaboration is the elimination of off-ramp fees, allowing for free conversion of USDe to fiat currency. This integration is accessible through UR Global's applications on iOS, Android, and web, significantly expanding the utility and accessibility of USDe for everyday financial transactions.
The partnership signals a growing trend of stablecoin issuers seeking to embed their assets into real-world financial applications. By partnering with a neobank, Ethena aims to increase the adoption of USDe as a practical alternative to traditional fiat currencies for saving and spending.
Learn More:
https://ur.app/
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