Ether.fi moves Cash card product to OP Mainnet in major platform shift
Summary
Ether.fi is shifting its non-custodial card and digital cash account product, ether.fi Cash, to OP Mainnet, moving approximately 70,000 active cards and 300,000 user accounts from Scroll to Optimism's infrastructure. This migration, part of a long-term OP Enterprise partnership, transfers millions in user TVL and positions OP Mainnet as a major hub for consumer crypto payments. Ether.fi Cash enables users to convert fiat to crypto, earn DeFi yield, and spend globally using a Visa card, processing about 2,000 internal swaps and 28,000 daily spend transactions. Optimism views this as validating the OP Stack's capability for large-scale payment products, offering ether.fi enterprise support and integration. This move is a strategic effort to establish OP Mainnet as a key settlement hub for consumer DeFi applications within the Superchain ecosystem.
(Source:Crypto Briefing)