Cryptocurrency wallets are rapidly evolving from niche tools into mainstream control centers for digital life, according to Jess Houlgrave, CEO of Reown, the company behind WalletConnect. Speaking on The Clear Crypto Podcast, Houlgrave highlighted the growing diversity in wallet functionality, catering to both individual and corporate needs. She noted that advancements have addressed early barriers like seed phrases and gas fees, offering users more options and ease of use. Houlgrave emphasized the importance of merging Web3 complexity with Web2 simplicity, suggesting that using a wallet should be as intuitive as opening an app. She envisions wallets expanding beyond financial management to include identity, data, and even personal records, effectively becoming a digital "handbag." This evolution aims to balance security and self-custody with enhanced user experience, potentially transforming how individuals interact with the Web3 economy.