Ethena Pay plans US, UK and Europe launch in 3-4 weeks
- —Launch in the US, EU and UK is expected in 3-4 weeks
- —The card is issued by Third National, managed by Rain, and unavailable to US citizens
- —The US is not among Ethena Pay's top five priority markets
- —The app has remained in closed beta since September 1
Why it matters: Ethena Pay's expansion intensifies direct competition with exchanges and wallets for retail USDe users.
Source: Unchained