POPA ReconA Framework For Crypto Neobanks
A Framework For Crypto Neobanks Delphi Digital's report analyzes crypto neobanks and splits them into five models: full-stack issuers, exchange-backed cards, non-custodial DeFi-native cards, stablecoin-native neobanks, and remittance-first cards Rain and RedotPay capture roughly 90% of observed onchain volume from over 190 tracked crypto card programs https://members.delphidigital.io/reports/a-framework-for-crypto-neobanks
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