Stablecoins and self-custody are driving the rise of crypto neobanks

In recent years, the crypto sector has focused on developing underlying technologies, but many projects are now pivoting towards payment systems and neobank-like services. This shift reflects a growing demand for efficient financial services that users can manage themselves. The increasing adoption of stablecoins plays a significant role, enabling fast and low-cost transactions without reliance on traditional banking systems. Additionally, self-custody options offer users enhanced security and freedom in asset management. These factors combined position crypto neobanks as a major option in future finance. As competition intensifies in the market, the evolution of crypto neobanks will bring new possibilities to the financial ecosystem. New projects must continue to innovate to keep pace with this trend.