EtherFi Cash deploys Aave V4 instance in Optimism

Ether.fi announces that EtherFi Cash is deploying a dedicated Aave V4 instance on the Optimism chain to support the credit card backend. EtherFi Cash currently has an active borrowing amount of $22 million and is expected to have a borrowing capacity of $500 million by 2027. There are currently 70000 cardholders using cryptocurrency for consumption.