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Daniel
@0xDani
Since 2017 in crypto | Fintech
Joined April 2016
375 Following    2.8K Followers
EtherFi Cash is preparing to support card spending in Swiss francs After EURC, another stablecoin could become available for direct card spending with EtherFi Cash: ZCHF, a stablecoin pegged to the Swiss franc (CHF) ZCHF is already integrated into EtherFi Cash: - users can deposit ZCHF via Optimism - ZCHF swaps are available - users can hold ZCHF in their accounts - ZCHF is supported as collateral for borrowing - ZCHF is already listed in Summer Lend on Optimism There are also references to CHF bank transfers, but I don't have CHF among the available bank deposit currencies in my app What's currently in development? - spending ZCHF directly with the card in Debit Mode - support for both the old and new EtherFi Cash systems It's still unclear whether ZCHF will get the same 0% FX fees as EURC when spending in Swiss francs But I can already see a new direction for EtherFi Cash: spending in multiple currencies Looks like it's time for EtherFi Cash to grow not only up, but also sideways. A great step forward! Now let's see how this gets rolled out and whether more currencies will follow
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