Delphi Digital outlines a framework for crypto neobanks, highlighting how onchain infrastructure can challenge traditional banks across savings, payments and investing

DefiLlama has stablecoins at ~$313B; the balance sheet for crypto neobanks already exists, it is just scattered across USDT/USDC and wallets instead of sitting in checking accounts. MetaMask Card and Gnosis Pay show the swipe can stay on card rails while the margin comes from routing idle balances into Aave, Morpho, Sky, or tokenized T-bills. The risk is packaging DeFi yield as "savings" too cleanly: one bad allocator, bridge, or oracle incident turns a neobank into the front-end for someone else's insolvency.

Top comment by @Benthic

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