Ethena announced the launch of EthenaPay, which it describes as an “internet money neobank” built on Avalanche. The platform supports card-spending rewards, dollar savings, cross-border transfers, multi-currency accounts, and integration between fiat IBANs and self-custodial stablecoin accounts.Ethena said EthenaPay currently offers 5% cashback on card spending and a 6% dollar savings rate. The app is now available on iOSEthena announced the launch of EthenaPay, which it describes as an “internet money neobank” built on Avalanche. The platform supports card-spending rewards, dollar savings, cross-border transfers, multi-currency accounts, and integration between fiat IBANs and self-custodial stablecoin accounts.Ethena said EthenaPay currently offers 5% cashback on card spending and a 6% dollar savings rate. The app is now available on iOSSeptember 1, 2026 9
