Overview

• The UR app now lets users hold USDe alongside fiat balances in a unified account available in more than 45 countries.
• Users can earn up to 5% APY on USDe balances with rewards paid weekly.
• Conversions between USDe and supported fiat currencies are fee-free, with zero off-ramp and removed bank transfer fees.
• Mastercard debit functionality to enable merchant spending is slated to roll out in the coming weeks with support for Apple Pay, Google Pay, WeChat Pay, Alipay, and Samsung Pay.
• Eligibility for rewards requires UR KYC and holding USDe on the Mantle Network within the UR wallet, which uses embedded self-custody and biometric authentication.