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

ETHFI2,71%
OP-0,92%

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

VeChain Demonstrates Blockchain Benefits With 5.2M Wallets Earning Weekly Rewards

VeChain’s VeBetter DAO has verified 48 million actions on more than 50 apps, and 5.2M wallets can now earn B3TR every week. VeChain’s B3TR guide details app rewards, Vote2Earn, and GM NFT incentives tied to verified onchain sustainability actions. VeChain has presented fresh data from its Ve

CryptoNewsFlash1h ago

Billions Network launches Verified Agent Identity Skill for the OpenClaw platform and initiates the first AI agent reward program

Billions Network recently launched the Verified Agent Identity feature, providing AI agents with a real and traceable identity, utilizing zero-knowledge proof technology to protect privacy. It aims to address the AI identity crisis and enhance accountability. This feature has been adopted by multiple organizations and is jointly launching the FAIAR program to reward agents using this feature.

GateNews3h ago

Western Union partners with Crossmint to launch the USD stablecoin USDPT on Solana

Odaily Planet Daily reports that Western Union and Crossmint have partnered to launch the USDPT stablecoin on the Solana blockchain. (Solid Intel)

GateNews3h ago

X Money's first interface debuts, Elon Musk hints that cryptocurrency integration is coming soon?

X (formerly Twitter) officially launched the X Money interface, marking its transformation into a financial super app. The platform supports sending and receiving funds, payment requests, and offers up to 6% annualized returns, with plans to integrate cryptocurrency features in the future. Analysts believe this move will accelerate the adoption of stablecoins and have a significant impact on the digital asset payment ecosystem. X Money has obtained remittance licenses in multiple U.S. states, indicating a large-scale rollout is imminent.

GateNews3h ago

Bitwise Sends $233,000 From $2.7B Bitcoin ETF to BTC Developers: Here’s Why

_Bitwise sent $233K from its $2.7B Bitcoin ETF to fund Bitcoin developers. Here’s what the donation covers and why it matters._ Bitwise Asset Management has made its second annual Bitcoin developer donation.  The crypto asset manager confirmed a $233,000 contribution drawn from profits of its B

LiveBTCNews3h 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)