Ether.fi transfers non-custodial crypto card products from Scroll to OP Mainnet

ETHFI1,42%
OP0,39%

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.

View Original
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

Marc Zeller's ACI to Exit Aave in July Due to Governance Tensions

Gate News bot message, Marc Zeller's Aave Chan Initiative (ACI) will depart from Aave in July due to governance tensions, according to The Block. The ACI, which has been involved in Aave governance activities, is set to conclude its relationship with the protocol amid ongoing governance-related disa

GateNews17m ago

Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

MARA, a Bitcoin mining firm, plans to sell more of its $3.6 billion Bitcoin stash to support its expansion into AI. After selling $413 million worth in 2025 and with fluctuating holdings projected, the strategic shift moves towards becoming a comprehensive digital infrastructure company.

Decrypt2h ago

XRP Ledger Developer Spotlights Biggest RLUSD Liquidity Pool Incentive - U.Today

Developer Panos Mekras highlights the appeal of Ripple USD (RLUSD) and the XRP Ledger through a new incentive program that has attracted $500,000 in liquidity. Despite this, XRP Ledger lags behind Ethereum in DeFi adoption and requires more support for growth.

UToday3h ago

Ripple Targets Traditional Banking With Major Expansion of XRP-Focused Ripple Payments Service - U.Today

Ripple is enhancing its Payments platform by introducing new features like custody management and virtual accounts, integrating traditional finance with digital assets. XRP serves as a bridge for liquidity, enabling instant and cost-effective transactions while underpinning new services on the XRP Ledger.

UToday3h ago

Chainlink Expands Ecosystem with 16 Integrations Across Six Services and Five Blockchains

Chainlink has expanded to 16 additional integrations this week, covering six services across five blockchains, including Arc, Canton Network, and World Chain. Technical indicators suggest LINK still needs to clear major resistance before a stronger rally can begin. Chainlink expanded its

CryptoNewsFlash3h ago

Physical gold + blockchain, ushering in a new era of cross-border payments. CNX PAY node partners officially launched on March 5.

CNX PAY is an upcoming next-generation cross-border payment and settlement platform supported by physical gold backing and blockchain technology. It aims to improve payment efficiency and transparency while reducing transaction costs. The platform uses mainstream stablecoins for instant settlement, creating traceable fund flow records, promoting the upgrade of the global payment system, and moving toward a more trustworthy and sustainable future.

TechubNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)