In episode 49 of the Crypto Beat, Tim Copeland was joined by Gnosis Co-Founder Stefan George, EtherFi CEO Mike Silagadze, and Ready Co-Founder Itamar Lesuisse to break down how cheap L2s, new fiat rails and self-custody are turning high-reward “crypto cards” into full-blown global neobanks that can realistically challenge Revolut, Amex and traditional banks.
OUTLINE
00:00 - Introduction
02:37 - Bridging DeFi to daily spend
03:58 - Why demand is surging
08:17 - Neobank revenue model
13:04 - Cost of issuing cards
15:04 - Regional issuance hurdles
19:00 - New user segments
22:27 - What is a crypto neobank
26:28 - Fixing crypto UX
32:27 - Cost and global scale edge
37:40 - Power of composability
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Guest links:
Stefan George - https://x.com/StefanDGeorge
Gnosis - https://x.com/gnosis_
Mike Silagadze - https://x.com/MikeSilagadze
EtherFi - https://x.com/ether_fi
Itamar Lesuisse - https://x.com/itamarl
Ready - https://x.com/ready_co
Are you hiring in crypto?
Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: theblock.co/campus
In episode 49 of the Crypto Beat, Tim Copeland was joined by Gnosis Co-Founder Stefan George, EtherFi CEO Mike Silagadze, and Ready Co-Founder Itamar Lesuisse to break down how cheap L2s, new fiat rails and self-custody are turning high-reward “crypto cards” into full-blown global neobanks that can realistically challenge Revolut, Amex and traditional banks.
OUTLINE
00:00 - Introduction 02:37 - Bridging DeFi to daily spend 03:58 - Why demand is surging 08:17 - Neobank revenue model 13:04 - Cost of issuing cards 15:04 - Regional issuance hurdles 19:00 - New user segments 22:27 - What is a crypto neobank 26:28 - Fixing crypto UX 32:27 - Cost and global scale edge 37:40 - Power of composability
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Guest links:
Stefan George - https://x.com/StefanDGeorge
Gnosis - https://x.com/gnosis_
Mike Silagadze - https://x.com/MikeSilagadze
EtherFi - https://x.com/ether_fi
Itamar Lesuisse - https://x.com/itamarl
Ready - https://x.com/ready_co
Are you hiring in crypto?
Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: theblock.co/campus
The Crypto Beat is a live streaming podcast focused on topical crypto news events. The podcast will feature multiple guests who are deep in the crypto industry sharing their views on the topic of the day. It will be available across X, Twitch and YouTube and made available afterwards on popular audio platforms.