ETHER.FI CASH HITS $14.85M IN SPEND, GROWS 150% IN JUNE

Summary from the TLDR Crypto newsletter

Ether.fi's Cash credit product has crossed $14.85M in total spend since launch, with June alone driving 40% of volume and 1,741 new cardholders. With 3,400+ active users and 400 businesses onboarding, the team is aiming for 40K-100K users by year-end, leveraging deep integration with its yield vaults. The 3% cashback, currently subsidized by Scroll, may be adjusted as interchange fees and vault-linked monetization scale, positioning Ether.fi as a crypto-native challenger to fintech giants like Revolut and Robinhood.