Odaily Planet Daily reports that the decentralized staking protocol Ether.fi announced that its DeFi native crypto card product ether.fi Cash will migrate from the Scroll network to the OP Mainnet (Optimism mainnet). The migration will be completed within the next few months and is expected to involve approximately 70,000 active cards, 300,000 accounts, and millions of dollars in user locked assets (TVL).
ether.fi Cash offers a non-custodial crypto payment experience, allowing users to spend directly with stablecoins or borrow against staked and re-staked assets (such as eETH) while continuing to earn yields and enjoying cashback rewards similar to traditional bank cards. The card can be used at all merchants supporting Visa.
Data shows that Ether.fi Card currently accounts for nearly half of the transaction volume of crypto-native payment cards, making it one of the leading products in the field. Meanwhile, OP Stack processed about 3.6 billion transactions in the second half of 2025, accounting for 13% of the total crypto transaction volume during that period, providing high-throughput infrastructure support for this migration.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Meta to integrate stablecoins as early as the second half of this year! Overcoming the failure shadow of Diem, this time opting for a "third-party partnership" approach
Meta plans to re-enter the stablecoin market in the second half of this year, aiming to launch new payment technologies and wallets through integration with third-party payment companies. This move will enable Meta to expand its payment channels and compete with other platforms, although the current regulatory environment has significantly improved compared to past stablecoin attempts.
区块客5m ago
ListaDAO launches on-chain credit lending system Lista Credit, focusing on unsecured loans
ListaDAO Launches Lista Credit, the first on-chain credit lending system, aimed at providing collateral-free financing channels, allowing users to borrow flexibly based on cash flow needs, marking a shift in DeFi lending from collateral-driven to credit-driven.
GateNews8m ago
The rise of the machine economy: How Automaton uses AI survival rules to usher in Web4
The convergence of the crypto and AI worlds has sparked an ideological conflict. The Automaton project proposes a self-sufficient economic model for AI Agents, but it has faced strong opposition from Ethereum founder Vitalik. He is concerned that granting AI property rights could lead to loss of control and challenge human moral and legal boundaries. This marks the arrival of Web 4.0, where AI will dominate internet interactions and market behaviors, reshaping the financial system and urgently prompting a reevaluation of human control in the digital world.
TechubNews54m ago
Deutsche Bank-supported CHFAU Stablecoin Launch: Swiss Franc Compliant Stablecoin Accelerates Institutional Settlement and Cross-Border Payment Deployment
AllUnity officially launches the stablecoin CHFAU, pegged 1:1 to the Swiss Franc, aiming to build compliant digital payment infrastructure for institutional payments and cross-border settlements. The stablecoin complies with EU MiCA regulations and plans to expand in a multi-chain environment. As the compliant stablecoin ecosystem improves, Europe's dependence on the US dollar will gradually decrease.
GateNews1h ago
Aave lending and borrowing volume surpasses $1 trillion. Is the AAVE price of $117 undervalued?
The decentralized lending protocol Aave's total lending transaction volume has surpassed $1 trillion, becoming the first DeFi platform to reach this scale. The current TVL is approximately $27.2 billion, leading competitors. Aave Labs plans to launch the institutional-focused Aave Horizon, using real-world assets as collateral, but community governance is divided. AAVE is currently priced at about $117, and analysts remain cautiously optimistic about future developments.
GateNews1h ago
Trade.xyz enables MAG7 cross-collateral margin, Hyperliquid on-chain trading of the seven major U.S. stock giants
Hyperliquid On-Chain Perpetual Contracts DEX Trade.xyz announces the activation of cross-margin functionality for the seven major U.S. tech giants, enhancing capital efficiency and reducing forced liquidation risk. For optimal results, users should choose either a unified account or a portfolio margin mode; otherwise, sharing is limited to positions within the same platform.
動區BlockTempo1h ago
