I am so beyond frustrated with the banking system, and this is more important than ever.
Personally, I am currently dealing wire issues between 2 banks. The 2 banks involved here are not some no name banks. These are 2 banks that everyone reading this post will know, and due to their ridiculously archaic technology, it's likely going to take 2 weeks for me to get this money.
I have also been debanked before. The reason cited was simply because they found out my employer at the time was Kraken.
I am so sick of the legacy banking system and have lost all trust for it. I want to switch over FULLY to one of these stablecoin neobanks, but there is simply no solution that works as a full replacement.
There's lots of great solutions out there. I am personally user of @KASTxyz , @fusewallet , @AviciMoney , and more. However, there is no solution that supports ACH pull with named bank accounts.
I understand that some of you reading this would say, "Why would anyone want to support that? It's a terrible payment method for so many reasons."
It is simply just impossible to live life (at least in the US) without ACH pull. Many big companies, even some like utility providers, do not accept payments via cards. They require account & routing numbers.
If I have to choose between (LITERALLY) keeping my lights on and using a legacy bank, I'm going to choose keeping my lights on every time. For the record, there are also more bills I have to pay then just my utility provider that only accept payments via ACH pull.
Additionally, I don't want to keep 5 "bank accounts" open. You might say "oh well you can still use one of these stablecoin neobanks for everything besides that." Sure, however the mental gymnastics is so high to keep balancing money around, it just makes it not worth it.
I'm really hoping someone can solve this.
If you are building a solution that solves the following requirements, reply or reach out via DM. I would love to use it, pay for it, help market it, provide feedback and / or do anything I can do to help.
- Physical card
- ACH pull with named bank account
- Support deposits and withdrawals on Solana
- Ability to send wires / ACH to other banks
- Nice to have: Ability to send wires / ACH to other banks with other fiat currencies
- Nice to have: Non custodial (wiling to compromise this much)
Personally, I am currently dealing wire issues between 2 banks. The 2 banks involved here are not some no name banks. These are 2 banks that everyone reading this post will know, and due to their ridiculously archaic technology, it's likely going to take 2 weeks for me to get this money.
I have also been debanked before. The reason cited was simply because they found out my employer at the time was Kraken.
I am so sick of the legacy banking system and have lost all trust for it. I want to switch over FULLY to one of these stablecoin neobanks, but there is simply no solution that works as a full replacement.
There's lots of great solutions out there. I am personally user of @KASTxyz , @fusewallet , @AviciMoney , and more. However, there is no solution that supports ACH pull with named bank accounts.
I understand that some of you reading this would say, "Why would anyone want to support that? It's a terrible payment method for so many reasons."
It is simply just impossible to live life (at least in the US) without ACH pull. Many big companies, even some like utility providers, do not accept payments via cards. They require account & routing numbers.
If I have to choose between (LITERALLY) keeping my lights on and using a legacy bank, I'm going to choose keeping my lights on every time. For the record, there are also more bills I have to pay then just my utility provider that only accept payments via ACH pull.
Additionally, I don't want to keep 5 "bank accounts" open. You might say "oh well you can still use one of these stablecoin neobanks for everything besides that." Sure, however the mental gymnastics is so high to keep balancing money around, it just makes it not worth it.
I'm really hoping someone can solve this.
If you are building a solution that solves the following requirements, reply or reach out via DM. I would love to use it, pay for it, help market it, provide feedback and / or do anything I can do to help.
- Physical card
- ACH pull with named bank account
- Support deposits and withdrawals on Solana
- Ability to send wires / ACH to other banks
- Nice to have: Ability to send wires / ACH to other banks with other fiat currencies
- Nice to have: Non custodial (wiling to compromise this much)
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