Ether.fi card hits $10m milestone as crypto firms woo new customers with financial services – DL News
- Ether.fi’s crypto-native credit card has hit $10 million in daily volumes.
- More crypto companies are launching credit cards.
Ether.fi’s crypto-native credit card is reaching new heights as more industry players muscle into traditional financial services to lure new customers.
On June 30, the card’s volume surpassed $10 million in daily transactions, with users now spending over $200,000 per day. It has processed more than 80,000 transactions and issued a total of over 2,500 cards.
“We want to create a crypto-native financial services product that people can use to save, invest, and spend their money and never have to off-ramp them to TradFi again,” Mike Silagadze, CEO of ether.fi, told The Whale podcast last year. The card was…
