Ether.fi Cash Eliminates Crypto-to-Fiat Fees for Real-World Spending
Ether.fi Cash Eliminates Crypto-to-Fiat Fees for Real-World Spending
💳 Crypto spending revolution
Ether.fi Cash now allows users to spend cryptocurrency in the real world with zero fees.
The platform offers a unique value proposition:
- 3% cashback on every purchase
- Keep crypto assets earning in DeFi while spending
- No conversion fees from crypto to traditional payments
The service has gained significant traction, driving hundreds of thousands of new accounts in just 6 months. This growth demonstrates strong demand for seamless crypto-to-real-world payment solutions.
Meanwhile, Ether.fi continues expanding its weETH token across multiple ecosystems:
- Now live on Monad blockchain
- Available on Tydro lending platform
- Integrated with Ink ecosystem
The expansion strategy focuses on bringing institutional-grade liquidity and high rewards to emerging DeFi platforms.
No need for signs. You can use your crypto for real world spending today with no fees. ether.fi/cash
I'm confused... - in Argentina almost full month - visited 150+ shops, bars & restaurants - not a SINGLE "crypto accepted here" Adoption where?
weETH is live on Tydro! Bridge, loop, and collateralize on the leading @inkonchain lending market.
New markets have been deployed on Tydro. Welcoming @KelpDAO, @ether_fi & @renzoprotocol to Ink!
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ether.fi x @inkonchain weETH is now live on Ink! weETH’s high rewards and institutional-grade liquidity meet one of the most exciting new ecosystems in DeFi. Stay tuned for new opportunities and integrations 👀
Stop paying fees to go from crypto to the real world. Get paid for it instead with 3% back on every spend.
ether.fi Cash lets you keep your assets at work in DeFi while spending freely in the real world. This combination has driven hundreds of thousands of new accounts in 6 months! @therollupco x @MikeSilagadze break down the metrics behind it, live at Devconnect:
EtherFi's Dine Different Campaign Generates $480K in First Week
EtherFi's **Dine Different campaign** reached $480,000 in spending during its first week, with new users earning cashback rewards. **Key details:** - New users collectively spent over $480K in the campaign's opening week - Participants earned thousands in cashback rewards - Referral program offers 10% cashback on friends' spending through April This follows EtherFi's previous Ride & Dine campaign, which distributed over $80K in USDC rewards to users. [Learn more about EtherFi](http://ether.fi)
Frax Finance Launches FRXUSD Stablecoin with Treasury Backing
**Frax Finance introduces FRXUSD**, a USD-pegged stablecoin maintaining a 1:1 dollar peg through overcollateralization. **Key features:** - Fully backed by tokenized U.S. Treasuries - Designed to share value with DeFi protocols rather than extract it - Aims to provide sustainable liquidity to partner platforms The protocol positions FRXUSD as a safer alternative to centralized stablecoins, emphasizing its treasury-backed structure and DeFi-friendly approach.
Developer Joins Open Gas Initiative Cohort
A developer announced their participation in the **initial Open Gas Initiative cohort**, expressing pride in being selected for this Ethereum-focused program. The Open Gas Initiative appears to be a new program aimed at addressing gas-related challenges on the Ethereum network. Being part of the initial cohort suggests this developer is among the first participants in what could be an important infrastructure development effort. This follows the developer's previous involvement in Ethereum-based projects, indicating continued commitment to the ecosystem's growth and optimization.
Ether.fi Launches Travel Booking Platform with 10% Cashback Rewards
**Ether.fi has expanded into travel booking** with a new platform at travel.ether.fi offering competitive rates for holiday destinations. **Key features:** - 10% cashback on bookings - Claims to offer the cheapest rates available - Research-backed pricing verification This builds on their existing hotel booking service that previously offered 5% cashback through their mobile app. Users could book directly through the Ether.fi app after joining their Club program. **The travel platform represents Ether.fi's continued expansion** beyond traditional DeFi services into consumer-facing products with crypto rewards integration.
Ether.fi Users Spend $2.21M in Single Day During Cashmas Promotion
**Ether.fi's cash spending reaches $2.21 million in one day** during their "Cashmas" promotion campaign. The platform is offering a **10% cashback referral program** where users can: - Refer friends to earn 10% back on their spending - Split 20% cashback between referrer and new user - Participate through their cash promotion portal The high spending volume demonstrates strong user engagement with the holiday-themed cashback incentive program. Users can access the promotion at [ether.fi/app/cash/promotion/cashmas](https://www.ether.fi/app/cash/promotion/cashmas). *Take advantage of the Cashmas promotion to earn cashback on referrals.*