Ethena has launched a new self-custodial payments application featuring USDe stablecoins, offering users annualized rewards of up to 6%, according to CoinTelegraph. This move highlights Ethena’s effort to combine payment functionality with yield generation in the crypto space.
The app allows users to retain full control over their funds while earning competitive returns on their USDe holdings. By integrating self-custody with rewards, Ethena aims to appeal to users seeking both security and income opportunities in digital payments.
For Japanese investors, this development reflects growing interest in decentralized finance tools that provide flexible asset management alongside payment solutions, potentially influencing local adoption of crypto payments and yield products.