Ethena launches internet money neobank with 6% savings
The pivot matters: Ethena is moving its $4B synthetic dollar beyond crypto-native yield into everyday banking. ENA jumped 9% on the announcement, and Avalanche gets the settlement rail.
Every Zipp story tagged #Neobank, newest first.
The pivot matters: Ethena is moving its $4B synthetic dollar beyond crypto-native yield into everyday banking. ENA jumped 9% on the announcement, and Avalanche gets the settlement rail.
The equity check is small, but it is the third LatAm deal in three months and follows a Q1 profit of $1.04B; Tether is converting USDT reserve yield into a regional banking footprint while…
The check is the headline, but the real signal is the rails: 50+ corridors, $32B annualized volume, and a Shariah-compliant wrapper slotting stablecoin banking into markets correspondent banks still…