ether.fi To Migrate Cash And Card Platform To OP Mainnet In Major Expansion Of On‑Chain Payments
Blockchain venture aiming to introduce a brand new dimension to the decentralized finance ecosystem, ether.fi introduced plans emigrate its digital money account and card product, ether.fi Cash, to the OP Mainnet. The transition marks a big shift for the service, with roughly 70,000 energetic playing cards, round 300,000 accounts, and tens of millions in consumer TVL anticipated to maneuver to Optimism over the approaching months.
The migration brings one of many quickest‑rising crypto cost merchandise onto Optimism underneath an extended‑time period OP Enterprise partnership targeted on increasing international funds infrastructure. For Optimism, the transfer strengthens OP Mainnet’s place as a number one chain for cost exercise. As an OP Enterprise buyer, ether.fi will function on a public community with established liquidity, enterprise‑grade help, unified tooling throughout OP Stack chains, and precedence entry to new options.
ether.fi Cash combines a bank card and a financial savings account powered by DeFi mechanisms, enabling customers to transform fiat to crypto, earn yield, spend globally, obtain cashback, and handle belongings by way of a non‑custodial pockets. Since launching final 12 months, the product has grown quickly, surpassing lengthy‑standing opponents. The app presently processes about 2,000 inner swaps and 28,000 day by day spend transactions, averaging $2 million in quantity, with exercise doubling roughly each two months.
ether.fi Migration Positions Project For Global‑Scale Payments And Next‑Gen On‑Chain Banking
The venture started growing ether.fi Cash in 2024 and decided that lengthy‑time period scaling required an infrastructure associate aligned with Ethereum and able to supporting international cost throughput. Optimism was chosen to satisfy these wants. The migration is predicted to supply customers with deeper liquidity for swaps, entry to a wider vary of belongings, fuel‑lined card transactions, expanded cashback rewards, and a extra resilient infrastructure designed for high‑quantity exercise. The transition is predicted to be seamless, supported by Optimism’s established migration processes.
In the second half of 2025, the OP Stack processed 3.6 billion transactions, accounting for 13% of all crypto transactions throughout that interval. OP Mainnet has turn out to be a central hub for DeFi exercise and a launchpad for shopper and enterprise purposes, providing groups the flexibility to deploy rapidly and scale effectively throughout the broader Superchain ecosystem.
ether.fi positions itself as a part of the subsequent wave of on‑chain neobanking, working non‑custodially to broaden globally, cut back operational prices, and supply extra aggressive monetary merchandise. As a part of the mixing, ether.fi customers will achieve entry to OP token rewards alongside current incentives corresponding to cashback, in‑app reward campaigns, journey perks, membership tiers, and premium card choices.
For builders constructing funds, lending, or shopper‑targeted purposes, OP Mainnet offers the infrastructure, liquidity, and ecosystem wanted to maneuver from idea to manufacturing‑scale deployment.
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