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
CoW Swap Recovers cow.fi Domain After Social Engineering Attack on April 14
CoW Swap regained control of its cow.fi domain after a social engineering attack that occurred on April 14. The attackers used forged documents to manipulate the DNS registrar and deploy a phishing site. Users affected by the incident are advised to revoke transaction approvals and transfer funds.
GateNews40m ago
Aave Labs Launches Aave Checkpoint, AI-Powered Governance Security System
Aave Labs has launched Aave Checkpoint, an AI-driven governance security system for reviewing proposals and on-chain payloads, combining automated analysis with mandatory human oversight. Operational since March 2026, it supports Aave V3, V4, GHO, and Aptos-v3.
GateNews40m ago
Fireblocks Launches Institutional Stablecoin Yield Tool Earn
Fireblocks has introduced Earn, allowing institutional clients to use stablecoin balances in on-chain lending via Aave and Morpho, enhancing capital efficiency. The feature initially offers Morpho vaults and Aave's lending market, with variable yields.
GateNews2h ago
ether.fi Completes Migration to Optimism Mainnet
Ether.fi has successfully migrated to the Optimism mainnet, boasting over 70,000 active cards, 300,000 accounts, and $220 million in total value locked (TVL).
GateNews2h ago
Circle Launches Cross-Chain USDC Settlement Mechanism Supporting Batch Payments
Circle has launched a new cross-chain USDC payment mechanism for high-frequency settlements, utilizing the Cross-Chain Transfer Protocol to pre-fund transfers and enable batch settlements, thereby minimizing operational overhead and reducing burn operations.
GateNews2h ago
The Stablecoin Era! Circle founder Jeremy Allaire makes the 2026 Global Top 100 Most Influential People list
Against the backdrop of the gradual expansion of global crypto and financial regulation, Circle co-founder Jeremy Allaire was named to Time’s 2026 list of the 100 most influential people, symbolizing the growing importance of stablecoins. Circle has evolved from a digital payments company into a stablecoin platform centered on USDC, and plans to become part of global financial infrastructure. This shift makes its business model more akin to a digital money market fund, foreshadowing the potential profitability and growth of stablecoins in the future.
ChainNewsAbmedia11h ago
