Why did we launch our own stablecoin?Because $300M+ in stablecoins were sitting on ether․fi doing nothing. And that’s no | Hanami
Why did we launch our own stablecoin?
Because $300M+ in stablecoins were sitting on ether․fi doing nothing. And that’s not how a neobank should work.
ether․fi USD changes that.
One native dollar across every product we ship: card, vaults, borrow, trade, send. Powered by @ethena Whitelabel.
We didn’t build stablecoin infrastructure from scratch. Ethena already solved the hard parts. Reserves, minting, redemption, compliance, KYB, all managed end to end. We choose the reserve mix based on our risk preferences, they run the operations.
What this means for you?
The dollars between your swipes, the balance you haven’t deployed into a vault, the USDC sitting in your account after a top-up. None of it sits idle anymore.