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Ethena Debuts Crypto-Centric Neobank Ethena Pay

Ethena Debuts Crypto-Centric Neobank Ethena Pay

Cryptocurrency company Ethena has launched what it calls an “internet money neobank” called Ethena Pay.

The new offering, which went live Tuesday (Sept. 1), includes card spending, dollar saving, international transfers and “Buy Now Pay Never where your savings rewards covers daily expenses,” as Ethena put it in its announcement.

“The roll-out will be phased with an initial early access list of 400 users which will be increased weekly within supported regions as the product moves out of beta over the course of this month,” the company said in a post on social media platform X.

Ethena Pay’s launch was flagged in a report by CoinDesk, which notes this move is part of ongoing expansion efforts by the company beyond its…

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