Transak announced Thursday the listing of (CRYPTO: USDe), the synthetic dollar issued by Ethena Labs, on its global fiat on-ramp infrastructure.
The move makes USDe, now the third-largest tokenized dollar by market capitalization, directly accessible via local payment methods to users outside the U.S.
With nearly $10 billion in circulation, USDe has risen to the top of the stablecoin ranks, driven by its unique, crypto-native structure.
Unlike traditional stablecoins that rely on fiat reserves or bank-held assets, USDe is maintained through a delta-neutral financial strategy that eliminates dependency on centralized financial infrastructure.
Transak’s integration opens up direct access to USDe using credit cards, Apple Pay, Google Pay, and regional banking systems.
“This integration supports our broader mission …