The “crypto-native” credit card on the second-layer Scroll network is a new product from Ether.fi. Now users can use cryptocurrencies for purchases wherever Visa is accepted. As announced on the X platform, the Ether.fi Cash card will be available in four tiers: Pepe, Wojak, Chad, and Whale.
“This is a non-custodial card,” Ether.fi emphasizes. Users no longer need to transfer their crypto assets to other accounts – they remain in their personal wallets.
Additionally, the card allows users to take loans against their crypto assets, including eETH and other yield-bearing assets. In the future, there will also be the ability to settle balances using the profits from these assets.
Ether.fi notes, “We have integrated DeFi with a traditional credit card, giving users more opportunities to leverage their crypto assets.”