Lead Bank, based in Kansas City, has emerged as a central banking partner for several stablecoin and cross-border payment companies, including Brale, BVNK, Nala, Noah, Zerohash, and Stripe's Bridge. Through Bridge, Lead Bank's services extend to applications like Coinbase Wallet, Phantom, and World App. Concerns have been raised about the stablecoin industry's heavy reliance on a single bank for fiat entry points, which could pose concentration and systemic risks. Any tightening of risk controls by Lead Bank or changes in regulatory environments could potentially impact the operations of numerous crypto companies.