Ethena Partners with UR Global to Expand USDe Access Worldwide

2 mins mins

In Brief

Ethena integrates USDe with UR Global’s neobank, reaching users in 45+ countries.
Users earn up to 5% APY on USDe with zero off-ramp and bank transfer fees.
Mastercard support and Pro membership enhance accessibility and real-world USDe spending.

Ethena Labs has announced a new partnership with UR Global to integrate its synthetic dollar, USDe, into UR’s neobank platform. The collaboration aims to bring everyday access to decentralised finance across more than 45 countries through a single, unified banking experience.

UR users can now earn up to 5% APY on USDe holdings and enjoy zero off-ramp fees for conversions. The integration also includes instant access via iOS, Android, and web applications, with direct USDe spending through a Mastercard debit card set to launch soon.

The partnership allows users to manage both digital assets and fiat seamlessly with full on-chain transparency on Mantle Network. This approach merges DeFi and traditional banking, offering secure, compliant, and borderless financial operations.

We are excited to announce that Ethena has partnered with @UR_Global to bring USDe to everyday finance across 45+ countries via their neobank:

• Up to 5% APY on USDe holdings
• Zero off-ramp fees for USDe-to-fiat conversion
• Available on iOS, Android and web

With direct… https://t.co/mUkhTlqAHn pic.twitter.com/IeESxPFTNI
— Ethena Labs (@ethena_labs) October 7, 2025

UR’s infrastructure provides multi-currency IBANs supporting SEPA, SWIFT, and SIC transfers, allowing users to transact across USD, EUR, SGD, HKD, JPY, CHF, and RMB. The neobank is now live globally, offering a limited-time complimentary three-month Pro membership for verified users.

Integrated Features and Yield Opportunities Strengthen Global Onchain Finance

The Pro membership grants users raised transaction limits, zero bank transfer fees, and exclusive debit card access across Apple Pay, Google Pay, and Alipay. Users can also send and receive funds instantly within UR at bank-rate FX efficiency.

Ethena’s USDe plays a central role in this expansion, offering automatic yield generation of up to 5% APY without staking or bridging. Eligible users can earn rewards by holding USDe on Mantle Network directly within their UR wallets.

This integration builds on Ethena’s recent collaboration with Binance, where USDe was embedded across its platform of 280 million users. With UR Global now onboard, Ethena continues to strengthen USDe’s position as a practical, yield-bearing dollar alternative bridging DeFi and traditional finance.

Both companies aim to simplify global money movement while maintaining transparency, compliance, and accessibility for users worldwide. As Mastercard integration nears, the collaboration is set to accelerate mainstream adoption of USDe in everyday financial use cases.

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