Ether.​fi Cash reached a new milestone with 21,741 users spending cryptocurrency in real-world transactions last week, setting a daily all-time high of $3.​37M in spending volume.​

Key highlights:

• Users spent crypto at everyday retailers including groceries, gas stations, and Amazon
• Recorded the biggest week-over-week growth in both transactions and users among all crypto cards
• All transactions settled on OP Mainnet (Optimism)
• The platform previously surpassed 850k total transactions with 30k+ active cards

The growth demonstrates increasing adoption of crypto for everyday purchases, with the platform targeting 100k active cards as its next milestone.​ All spending activity leverages Optimism's Layer 2 network for transaction settlement.​

Circle CEO Jeremy Allaire argues that the internet's evolution requires new standards beyond information and communication - specifically for money and identity.​

Key Points:

• The convergence of AI and blockchain-based financial infrastructure is accelerating demand for internet-native identity systems
• As digital transactions become more prevalent, traditional identity frameworks are proving inadequate
• This builds on earlier discussions about AI agents needing native internet money for online transactions

Why It Matters:

The push for standardized digital identity comes as financial infrastructure moves on-chain and AI systems require seamless transaction capabilities.​ Without proper identity standards, the next phase of internet evolution faces significant friction.​

zkSync founder Alex Gluchowski sat down with Defiant News to discuss the project's approach to private infrastructure and scaling solutions.​

The interview, conducted at Consensus, covers zkSync's vision for Ethereum Layer 2 scaling and the role of zero-knowledge rollups in blockchain privacy.​

Key topics likely include:

• zkSync's technical infrastructure developments
• Privacy features in zkRollup technology
• The project's roadmap for mass adoption

Watch the full interview