Ether.Fi to Launch Visa 'Cash' Card on Scroll Network !!
Liquid restaking platform Ether.fi has announced the launch of ‘Ether.fi Cash’ – a new “crypto-native” credit card that will settle transactions on the Ethereum layer-2 scaling network ‘Scroll’.
The credit card will reportedly allow users to pay with cryptocurrency “anywhere Visa is accepted.”
Ether.fi says the card is non-custodial and that users can finance purchases by borrowing against yield-bearing crypto assets including Ether.fi’s liquid restaking token ‘eETH’.
The card is currently in use internally at Ether.fi and will start shipping out to pre-order customers on Sept. 16.