EthenaPay has gone live as a consumer neobank from Ethena, using Avalanche, also referred to as AVAX, as its settlement chain. The app is already available on iOS, and the service is presented as coming from the dollar issuer itself rather than as a card wrapper for another company’s stablecoin. The announcement also highlighted a Layer One discussion featuring gdog97_, JohnNahas84 and imyoungsparks.