Catenaa, Thursday, February 26, 2026- Ether.fi has announced that its non-custodial crypto credit card product, ether.fi Cash, will migrate from Scroll to OP Mainnet.
The move is expected to affect roughly 70,000 active cards, 300,000 user accounts, and millions in total value locked.
The migration aims to increase liquidity for swaps, expand asset availability for deposits and withdrawals, and allow Ether.fi to cover gas fees for cardholders.
Ether.fi Cash enables users to spend stablecoins directly or borrow staked and restaked assets such as eETH as collateral while earning yield. The cards, accepted anywhere Visa is, account for nearly half of all crypto-native payment card transactions, according to The Block data. Optimism’s history of supporting major ecosystem migrations is expected to make the transition seamless for users.
The OP Stack processed 3.6 billion transactions in the second half of 2025, representing 13% of total crypto activity, with Coinbase’s Base network contributing a significant share. Ether.fi’s core restaking protocol remains primarily on Ethereum mainnet.
Token holders approved a proposal allowing up to $50 million in Ether.fi treasury assets to conduct ETHFI buybacks when the market price falls below $3.
With $5.7 billion currently locked in the protocol, the transition to OP Mainnet positions Ether.fi to capture broader DeFi activity and strengthen its crypto-native payment infrastructure.
