Analysis: Stablecoins and Self-Custody Drive the Rise of New Crypto Banks, Shifting the Industry from Infrastructure to Payment Scenarios
PANews January 15th news, according to CoinDesk, the crypto industry is shifting from infrastructure building to "neo-bank" style application services, focusing on payments, lending, and stablecoins. Projects such as Polygon and ether.fi are integrating on-chain self-custody features with traditional financial experiences, providing users with banking-style products that do not require understanding the underlying technology. Messari pointed out that although this trend has great potential, current crypto card and payment products are highly homogeneous. The industry generally believes that real user growth will come from on-chain native and composable financial experiences.
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