Lending capacity expected to reach $500 million by 2027, EtherFi Cash deploys dedicated Aave V4 instance on Optimism

Odaily News: ether.fi announced that EtherFi Cash's existing lending infrastructure can no longer meet development demands. It is currently deploying a dedicated Aave V4 instance on the Optimism chain to support its credit card backend. EtherFi Cash currently has $22 million in active borrowings, and its lending capacity is expected to reach $500 million by 2027. Already, 70,000 cardholders are using cryptocurrency for spending without needing to sell their crypto holdings.