Ethena USDe (USDe) is a synthetic dollar built by Ethena from short-perpetual and spot-crypto positions rather than bank deposits, with its peg maintained by funding flows rather than fiat redemption. On U.CASH, USDe sits in the partner-rail tier: buy it with card or bank and sell it back to fiat through the on-ramp network, delivered to your own wallet on Ethereum. Availability varies by provider and region.
Straight into the app: Buy USDe · Sell USDe · Get UCASH with USDe
ERC-20 on Ethereum (issuer: Ethena). Cards and bank rails run through partner providers; USDe settles on-chain to the Ethereum address you control. Availability varies by provider and region. Confirmation policy for Ethena USDe: Follows Ethereum (~12 confirmations).
A single U Account works across buy. Pick where to start.
Ethena USDe (USDe) is a token. Always verify the address before trading.
The largest US-dollar stablecoin, live on Ethereum, Tron, and BNB Chain.
A fully-reserved US-dollar stablecoin across EVM chains.
PayPal's US dollar stablecoin, issued by Paxos; buy and sell via partner rails.
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One account unlocks accept, swap, buy, and the rest of the U.CASH network across 34 networks.