Bryan Cesar

Product Designer and proud papa of two really great kids. Creating experiences @ether_fi

[Ari Eiberman 🇦🇷 Stablecards @AriEiberman]

Cards in Europe Review #6 | @ether_fi
Rate: Excellent 🟢

I've been using Etherfi for a long time. It has consistently been one of the best benchmarks for spending through borrowed assets, and they keep shipping new things. When they claimed EUR stablecoin spending at 1:1, I had to test it properly.

So here they are: Two tests. Two different modes. Both with euro assets.

Test 1: Converted EURC to Liquid EUR (the yield-bearing version) and used it as collateral to open a USD credit line. Spent €26 on a burger and beers.
Credit line: $30.19
FX rate: 1.1611

A note on FX benchmarks: I reference onchain FX as the real mid-market rate. Google gives a reference, but onchain FX, pulled from deep Uniswap liquidity pools, is the most efficient price available.
Etherfi routes all conversions and cross-currency settlements through onchain FX. That matters a lot imo.

Repayment only accepts USD tokens (USDC or Liquid USD). If you deposited EURC to spend in Europe, that is a few extra steps you shouldn't need. The onchain swap runs at 0.86 €/USD. The rate is right, the flow could be improved here.

Test 2: Mueller Berlin. €47.55, paid directly in EURC at 1:1.

The onchain FX that day was 1% better than Visa's rate.

One friction point here: to pay in EURC you have to go
Direct Pay → Assets → Set spend priority → manually select EURC.

If you have EURC or Liquid EUR in your wallet and the merchant charges in EUR, the app should recognize that and route it there by default. That auto-detection is the obvious next step.

One feature I haven't seen anywhere else: attach a receipt (PDF or image) to every transaction, add notes, assign a cost center, tag a custom category. Email reminder to create the receipt included. That's a full expense tracking layer inside a crypto card.

PS: 3% cashback on EUR spend. Still figuring out whether it lands as ETH or EUR stablecoin. Not to be compared, but worth mentioning.

[ether.fi @ether_fi]

⚽ Day 6 of #EtherFiWC26

To enter, QUOTE this post with:
1. @yourrefcode
2. Add #EtherFiWC26
3. TAG the teams below that you think will win 👇

🇺🇸 @USMNT vs @Socceroos 🇦🇺

🏴󠁧󠁢󠁳󠁣󠁴󠁿 @ScotlandNT vs @EnMaroc 🇲🇦

🇧🇷 @CBF_Futebol vs @fhfhaiti 🇭🇹

🇹🇷 @TFF_Org vs @Albirroja 🇵🇾

[Rive @rive_app]

Rive Editor 0.8.5069

🚀 MCP is out of Early Access and available for all

[Paymentscan @Paymentscan]

NOW TRACKING: @ether_fi Top-Ups

EtherFi Cash has seen over $1.1B in user deposits over the past 14 months, of which approximately half corresponds to card spend.

[Bryan Cesar @bryancesar]

@Octop3s @ether_fi All good. We try to be as transparent as possible with our program.

https://t.co/3lkQS5VEry

Actual cashback, not points. No hard monthly caps. Ping me any time if you want to know about https://t.co/vYE5762oCW to avoid google ai misinformation :)

[Bryan Cesar @bryancesar]

@ether_fi doesn’t have hard cashback limits as some programs do. And all membership levels are free.

If you were a Pinnacle member, you can earn 3% cashback on your first $50k per month. That’s $1300 in cashback. Then it’s 1% cashback up to $80k/mo, then 0.5% on the rest of the monthly spend

[ether.fi @ether_fi]

1/ Moving money just got a whole lot easier. You can now send fiat in 6 different currencies across 120+ countries.

Pay for your rent, your bills, send money back to your home country and more — all with https://t.co/gbHcksy7eA.

[ether.fi @ether_fi]

EtherFi Liquid RWA is LIVE!

A new way to earn institutional-grade rewards on stables – in partnership with @plumenetwork.

Deposit at: https://t.co/dTjTqvbiKm

The vault has a $25m cap, APY is variable and not guaranteed. More details on strategies below👇

[ether.fi @ether_fi]

Excited to partner with @wallet_tg! All ETH in the Telegram Wallet Earn program is now staked through EtherFi 🚀 🚀

[DCF GOD @dcfgod]

I told a guy at a barbecue last weekend that I had been buying busted small-cap crypto stocks at 3x revs, and he looked at me with the specific facial expression of a man who has just realized he is trapped in a conversation with someone who voluntarily reads 10-Ks on vacation. He asked, with great gentleness, if I had considered NEAR. I said I had considered NEAR in the way one considers jumping off a bridge: briefly, theoretically, and with a clear understanding of the outcome.

I told him I owned a company that sells credit cards that earn interest and prevent you from selling eth, and that the CEO, a bald man named Mike who used to sell education testing software, was, in my professional opinion, the single greatest credit card salesman alive in North America today, and that I would, if legally permitted, have Mike's name tattooed on my forearm.

He asked if Mike knew this. I said Mike thinks I'm an online dog that is frustrated with his buyback policy, and that this was the foundation of our relationship and the source of its strength. He excused himself to go check on his children, who, I observed, were not present at the barbecue. I stood by the grill alone for the next 40 minutes, eating directly from a bag of buns, thinking about Mike, who at that exact moment was, somewhere in cayman islands. He should be buying back tokens at prices that will, in 2031, be regarded as the single greatest gift any small-cap CEO has ever given his tokenholders, and the host’s wife came over and asked, with palpable concern, if I needed a ride home, and I said no, I needed nothing, I had Mike, and Mike was enough, and I have not been invited back to that house, and I do not care, because Mike loves me even though Mike does not know I am alive, and the math, as it has always been in every great deep value trade in history, is the only thing in this industry that has not lied to me.

note: dcf cap seeded @ether_fi

[Token Terminal 📊 @tokenterminal]

https://t.co/00O99U2EUR

[ether.fi @ether_fi]

https://t.co/Qt0qs7gkwM

[ether.fi @ether_fi]

1/ We just completed a protocol-wide security hardening pass on the weETH bridge across majority of deployed chains.

No exploit occurred. This closes a latent risk proactively and puts every security-relevant bridge parameter fully under EtherFi's control.

[ether.fi @ether_fi]

The EtherFi team has been working closely with @aave and other parties to help close the rsETH shortfall following this week's exploit.

The EtherFi Foundation is proposing to contribute 5,000 ETH to the dedicated relief vehicle. This vehicle will protect users and prevent bad debt across DeFi. The Foundation believes a coordinated, ecosystem-wide response is necessary for a proper resolution.

More details below

[ether.fi @ether_fi]

To help users who have funds stuck in Aave, https://t.co/gbHcksy7eA's Liquid ETH vault is now accepting $aWETH deposits. LiquidETH has no Aave $WETH exposure.

[ether.fi @ether_fi]

1/ Today, we’re excited to announce our migration to OP Mainnet is complete. 70,000+ active cards, 300,000+ accounts, and $220M+ TVL now live on @Optimism.

Learn more about the migration below ↓

[Bryan Cesar @bryancesar]

@semochkin_alex @MikeSilagadze @ether_fi Yep! Shoot me a dm :)

[ether.fi Ventures @etherfi_VC]

We are deploying
- $0.5-1m checks
- founders that are rebuilding finance
- live product w/ traction + growth

We plug you directly into the @ether_fi ecosystem
- $5.3B in TVL
- $600M in vault products
- tens of thousands of active users
- $1B annual volume card program

[Nomatic @Nomaticcap]

I've put my business on @ether_fi Cash rails.

So far, it honestly feels like financial magic.

Using yield bearing collateral to fund real world expenses.

I wrote all about my experience in the post below 👇

[ether.fi @ether_fi]

Today, EtherFi Cash hit an all-time high in spend volume. More and more users are choosing EtherFi because Cash makes it easy to grow your crypto and use it in daily life.

Thank you for choosing EtherFi. Higher.