Ether.fi Migrates DeFi-Native Crypto Card to OP Mainnet

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Ether.fi recently announced in a crypto news update that its DeFi-native crypto card, ether.fi Cash, will migrate from Scroll to OP Mainnet. The transition affects approximately 70,000 active cards, 300,000 accounts, and millions in TVL. The card enables users to spend stablecoins or borrow against staked assets such as eETH. DeFi exploit risks remain low, as the product accounts for nearly half of all crypto-native card transactions. The OP Stack processed 3.6 billion transactions in late 2025.

Odaily Planet Daily reports that the decentralized staking protocol Ether.fi has announced that its DeFi-native crypto card product, ether.fi Cash, will migrate from the Scroll network to OP Mainnet (Optimism Mainnet). The migration will be completed over the coming 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 stablecoins directly or borrow against their staked and re-staked assets (such as eETH) to make purchases, while continuing to earn rewards and enjoying cashback benefits similar to traditional debit cards. The card is accepted at all merchants that support Visa.

Data shows that Ether.fi cards now account for nearly half of all crypto-native payment card transaction volume, making them one of the leading products in the space. Meanwhile, OP Stack processed approximately 3.6 billion transactions in the second half of 2025, representing 13% of all crypto transactions during the same period, providing a high-throughput infrastructure foundation for this migration.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.