Euler to Launch Credit Card
Euler Labs has introduced credit cards that allow users to spend cryptocurrency without liquidating their holdings. Integrated with BrahmaFi, the cards enable real-time borrowing at the moment of payment, making the feature available for immediate use.EUL InfoEuler operates as a non-custodial, permissionless lending protocol on Ethereum, allowing users to accrue interest on their cryptocurrency assets or mitigate potential market volatility, all without the necessity for a trusted intermediary.The protocol introduces a set of unprecedented features in the DeFi sector, including permissionless lending markets, dynamic interest rates, safeguarded collateral, MEV-resistant liquidations, and stability pools with multi-collateral capabilities among other advancements.