EtherFi, the crypto neobank with nearly 6B USD in TVL, is integrating Plume Network's Nest Vault infrastructure to give its users access to tokenized real-world asset yield. The integration centers on Plume's nBASIS vault, powered by Superstate's USCC fund, which generates returns from basis spreads across Bitcoin, Ether, Solana, and XRP. https://thedefiant.io/news/defi/etherfi-to-tap-plume-s-nest-vaults-for-real-world-asset-yield #Blockchain #Crypto #DeFi #EtherFi #RWA
EtherFi to Tap Plume's Nest Vaults for Real-World Asset Yield

The DeFi neobank will route customer deposits into a basis-trade vault powered by Superstate’s USCC fund.

The Defiant
🏦 #Ethereum en 2026: ¡Adiós especulación, hola banca! El CEO de #EtherFi predice un giro hacia los #neobancos nativos de #cripto como motor de adopción. ¿Será este el futuro financiero digital que esperábamos?
📢 #EtherFi, el protocolo de restaking convertido en neobanco, ha anunciado el lanzamiento de un servicio de reserva de hoteles con #criptomonedas.

Product design 101 = create value by meeting/exceeding your desired end user's needs, preferences, and desires.

New crypto backed Visa Credit Card seeks to appeal to non-crypto users > HUH? They expect non-crypto users to trust a crypto backed credit product?? Feels like a solution in search of a problem. https://www.coindesk.com/tech/2024/09/09/etherfi-to-launch-visa-cash-card-on-scroll-network/ #creditcard #Visa #crypto #blockchain #ethereum #etherfi #fail

Ether.Fi to Launch Visa 'Cash' Card on Scroll Network

The credit card from Ether.fi will reward 3% cash-back and let users borrow money against their crypto collateral.

CoinDesk

EtherFi hit a major setback after OpenSea halted all transactions involving staked Ethereum NFTs. #EtherFi expressed frustration & confusion in an open letter to #OpenSea.

#Crypto #Ethereum #NFTs

https://www.tronweekly.com/opensea-halts-transactions-etherfi-in-limbo/

Decentralized Staking Dilemma: OpenSea Halts Transactions, EtherFi In Limbo

EtherFi has been hit with a major setback as OpenSea halted all transactions involving staked Ethereum NFTs and removed all pending orders. 

TronWeekly