Our flagship product, USDe, is a digital dollar which became the fastest-growing dollar crypto asset in history when it scaled from zero to $15b in 18 months.
Ethena also developed a GENIUS Act-ready payment stablecoin, in partnership with BlackRock. USDtb is now issued by Anchorage Digital Bank after becoming the first payment stablecoin issued under U.S. federal government supervision.
Ethena Whitelabel is the largest whitelable stablecoin product in the world, offering applications, chains, wallets or exchanges the infrastructure to launch their own dollar asset on Ethena's back-end infrastructure with our stablecoin products as the core reserve assets.
Ethena just launched Ethena Pay, the best mobile neobanking experience to save, send and spend, built directly on Ethena’s existing products. Ethena Pay offers free onramps in local currency and dollars, free and instant movement of money, zero FX fee mark up, the highest spend cashback in the market and the highest sustainable rewards on dollar balances via Ethena, alongside a multi-currency fiat account and a self-custodial stablecoin wallet in a single interface. The product is built on stablecoin and blockchain rails, while abstracting away the underlying technical complexity to deliver a simple, intuitive experience built around familiar user actions
Through these offerings, Ethena Labs is not just creating new financial products; we are building foundational infrastructure for a more open, efficient, and interconnected global financial system
