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Max von Wallenberg Profile picture
Max von Wallenberg
@maxwallenberg
Stablecoins @moonpay, Founder/CEO @iron (acq. by @moonpay) | Prev: @ultimateapp (acq. by @jupiterexchange). Follow me for all things Stablecoins & DeFi.
Nov 14, 2024 • 11 tweets • 2 min read
1/ Banking 2.0: The Rise of Onchain Banks

The bank of tomorrow will not be built on legacy core banking ledgers relying on siloed local money systems as today.

Here’s a look into the future... Image 2/ User Experience

Sign up, KYC, get local bank accounts in multiple countries.

Fund account with fiat → auto converted to stablecoins

Spin up multi-currency accounts → local stablecoins

The bank account + ledger is on chain.