Ether.fi to Launch DeFi Neobank With Bill Pay and Payroll Features

The upcoming ether.fi app aims to deliver a fintech-like experienceallowing users to spend, save, pay bills, and receive payrollall while leveraging crypto-native tools like restaking and liquid staking.
With ether.fi, were bridging the gap between decentralized finance and everyday financial needs, said CEO Mike Silagadze in a statement. Our goal is to provide users with a robust, user-friendly platform that offers the benefits of DeFi Decentralized Finance (DeFi) refers to a broad category of finance-related decentralized applications (dApps) built on public blockchains.
DeFi Banking Without the Jargon
Unlike many crypto platforms that cater primarily to advanced users, ether.fi is positioning itself as a mainstream-ready appblending fiat-based financial tools with crypto-native yield strategies.
One of its flagship features will be its restaking service, which lets users stake their ETH and receive liquid staking tokens (LSTs) in return. These LSTs can then be used across the DeFi ecosystem to generate additional yield, all while maintaining exposure to the original staked assets.
Why It Matters
As the DeFi industry matures, protocols like ether.fi are racing to offer consumer-grade interfaces that replicate traditional banking experiencesbut with higher earning potential, greater transparency, and programmable finance at the core.
The move reflects a growing trend of DeFi meets neobank solutions, blending crypto-native yields with everyday financial features.
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Text source: Coindoo