Ethereum’s Ether.fi Evolves into a Crypto Neobank with New Debit Card and Staking Services for U.S. Users

COINOTAG News reported on April 24th that the innovative re-staking protocol Ether.fi has unveiled plans to evolve into a comprehensive crypto neobank. This strategic pivot includes the introduction of a debit card along with an advanced staking service targeted at U.S. users. The forthcoming application aims to merge traditional banking functionalities with robust cryptocurrency asset management capabilities. Users will benefit from diverse features that facilitate spending, saving, bill payments, and salary deposits while simultaneously earning ETH staking rewards. Impressively, Ether.fi currently boasts a Total Value Locked (TVL) nearing 2.7 million ETH, equating to approximately $4.4 billion, marking a significant milestone as it approaches its all-time high.