The neobank sector is gaining momentum as stablecoin regulations become clearer and DeFi yields increase, according to a report by PANews. This growth is further fueled by traditional financial institutions like PayPal and Visa expanding into the crypto space. The report identifies 12 neobank projects that are integrating crypto and fiat services, offering features such as stablecoin payments, non-custodial wallets, and yield-generating options.
These projects, including Plasma One, GalaxyOne, ether.fi Cash, and others, aim to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi). They provide users with seamless, low-cost, and high-yield financial solutions. Unique offerings among these platforms include Visa-backed cards, AI-driven financial tools, and self-custody options, enhancing the appeal of neobanks in the evolving financial landscape.
12 Neobank Projects Thrive Amid Crypto and TradFi Convergence
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.