Ether.fi Taps Aave V4 for Crypto Credit Card Lending

Ether.fi is proposing to integrate Aave V4's lending infrastructure on Optimism into its EtherFi Cash crypto credit card.

The move aims to offload the operational burden of running a proprietary lending engine and leverage Aave's battle-tested liquidity infrastructure.

Under the proposal, Aave would receive 20% of the Reserve Factor Income generated from the new market, and its stablecoin GHO would be integrated as a primary borrowable asset.

The integration could mean more stable lending rates, improved reliability, and potential access to GHO for borrowing and payments for users of EtherFi Cash.