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Ethena Pay is a non-custodial money app for holding, sending and spending digital dollars across borders. Users can send money instantly and without fees to other Ethena Pay users, transfer funds to an external wallet or bank account, and track transfers with notifications. Its self-custodial wallet uses passkeys and biometrics, while licensed banking partners provide fiat IBANs; Ethena Pay says it does not hold users’ money.
The app automatically credits a daily USDe-based reward, with tier rates of up to 6% per annum subject to caps, eligibility rules and market conditions. Users must make at least one qualifying card transaction per calendar month to receive the Daily Boost. A virtual Visa card supports spending at Visa merchants and can earn cashback credited in AVAX, with rates of up to 5% depending on tier and monthly spending bands. Ethena Pay also supports Apple Pay, with Google Pay listed as coming soon, and is available in approximately 50 authorized countries with jurisdictional restrictions.
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A borderless, fee-free instant global money transfer card and app product, with a new launch offering 12% earn/rewards on spending. Sign-up link lets viewers skip the waitlist, with Ran airdropping $1,000 to selected random accounts.
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