TechFlow News: On February 19, according to The Block, Ether.fi announced the migration of its non-custodial crypto card product, ether.fi Cash, from Scroll to OP Mainnet—impacting approximately 70,000 active cards, 300,000 accounts, and millions of dollars in user TVL, with completion expected within the coming months. Launched in 2024, the card enables users to directly spend stablecoins or borrow staked assets such as eETH as collateral while earning yield and receiving cashback rewards. It is widely accepted across the Visa network and accounts for nearly half of all crypto payment card transactions. The migration aims to enhance liquidity, asset accessibility, and DeFi integration—all seamlessly for users. Ether.fi’s TVL stands at $5.7 billion, and its restaking protocol primarily operates on Ethereum Mainnet. In the second half of 2025, the OP Stack processed 3.6 billion transactions, representing 13% of total crypto transactions.
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