Gud stuff from @DeFi_Dad below..
Its extremely interesting too because if you look at Mantle they were ostensibly just an ETH L2 at one point...
However if you dig into everything they're doing you realize they are basically building stuff all across the spectrum now...
The below @URNeobank is a perfect example (Swiss-backed multi-currency account + debit card that works with apple and google pay + fiat on/off ramp + traditional bank transfers + on-chain transfers)...
And there's a bunch of similar stuff they are doing as well like their MI4 fund and etc...
Actually reminds me of Coinbase in a way, where they are investing in and building out all this infra for the new blockchain-centered economy (that goes far beyond their original role as just a cex in the case of CB) as the existing financial rails become obsolete and fade away...
I think we are going to see more of this though where lots of stuff that was originally built to serve x purpose ends up serving a,b,c,d,e,f,g,x,y,z purposes instead...
Especially as more crypto companies IPO and more tokens get ETF's and just due to the massive regulatory shift in general... you essentially have this situation where the crypto organizations that can really ship + grow effectively have no upper limit to what they can accomplish, and are therefore incentivized to start building solutions serving a larger and larger TAM...
It's been years in the making but we are officially at a pivotal inflection point where TradFi is being improved and/or replaced by DeFi rails.
Built on @Mantle_Official, this neobank is Swiss-backed, regulated, and will offer 1:1 backed deposits.
All we want and need in a bank, but better with DeFi:
+ Debit card that works with Apple & Google Pay
+ On/off ramps between fiat and crypto
+ Transfers via traditional rails (SWIFT, SEPA, SIC) and multiple crypto networks
+ Access to Mantle products like MI4 and mETH
+ p2p transfers
I seriously thought this world was 10 years out but just 5 years after DeFi Summer it's all rapidly coming together at once.
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