Ethena Pay targets US, UK and Europe within weeks of beta launch

Verifying
  • Ethena Labs plans to expand Ethena Pay into the United States, United Kingdom and Europe.
  • USDe supply stood at approximately $4 billion, down from roughly $15 billion in September 2025.
  • Ethena Pay’s September 1 beta launched across 48 to 49 countries, excluding several Western markets.
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