Golden Finance reported that the Ethereum liquidity staking protocol ether.fi announced the launch of Cash encrypted credit card to help users directly use their DeFi assets for daily consumption without the need for off-ramp operations.

According to reports, Cash is expected to launch to consumers in September, but due to regulatory reasons, it may not be available in certain major markets, including the United States. Silagadze said that Cash will initially target encryption-native users, but its introduction may attract more people to participate in the encryption field.