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Ethena selects Avalanche as settlement chain for Ethena Pay neobank

  • Ethena selected Avalanche as the settlement chain for Ethena Pay.
  • Ethena Pay’s app is already live on iOS.
  • Ethena Pay is described as a neobank in the announcement.

Ethena has selected Avalanche as the settlement chain for Ethena Pay, its neobank (digital-first banking service). The app is already available on iOS. A settlement chain is the blockchain used to finalize and record transactions.

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