Ethena Pay launches on iOS for everyday USDe banking

Ethena has launched Ethena Pay, the "internet money neobank" built exclusively on Avalanche, with the app now live for download on iOS. The mobile app brings everyday banking onchain, letting users save, send, and spend USDe worldwide directly from their phone, with Avalanche powering the rails behind it. The launch offers up to 6% yield and 10% cashback on the platform.

• Avalanche has described Ethena as a "digital dollar giant," and the launch drew a direct retweet from the Avalanche X account.
• The service centers on USDe for everyday savings, sending, and spending.