Excellent piece from @shaundadevens. We’re proud to be shaping the future of banking alternatives powered by DeFi It's time to deliver the real-world adoption this industry has long envisioned.
6/ EtherFi Cash has scaled quickly since launch. In 9 months it issued 11,280 cards and processed $38M across ~410k transactions; avg ticket is ~$93. Cash revenue: $2.1M YTD, with $0.19M in Q1, $0.50M in Q2, and ~$1.90M in Q3 (projected) as adoption and card usage ramped. Cash feeds balances back into Vaults to keep funds productive onchain.
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