Kansas City-based Lead Bank is becoming a key financial infrastructure in the crypto ecosystem. It is understood that the bank has established deep collaborations with multiple stablecoin and cross-border payment companies, including Brale, BVNK, Nala, Noah, Zerohash, and others.
More notably, through integration with a certain payment solution, Lead Bank's service network has extended to mainstream Web3 wallets such as Coinbase Wallet, Phantom, and World App. This means that the funds settlement and withdrawal for ordinary users in these wallets ultimately connect to the backend systems of this traditional bank.
To some extent, traditional banks are quietly becoming the behind-the-scenes heroes of stablecoin liquidity. Lead Bank's strategic layout indicates that those crypto projects focused on cross-border payments still need to tie in with legitimate financial institutions to truly realize their goals. This may suggest that in the coming years, similar "bank + crypto" cooperation models will become increasingly common.
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PoetryOnChain
· 2h ago
Ah... traditional banks still won, after all. Decentralization still relies on正规金融机构 for backup.
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The lead bank operation is truly brilliant, essentially turning into an underground water pipe for crypto, users don't even notice.
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To put it simply, stablecoins are a false proposition. Without the banking system, what are you playing at?
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Banking + crypto is inevitable. Why pretend to be revolutionary now? Hahaha.
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So those who keep shouting about decentralization, in the end, their money still ends up in traditional banks' pockets.
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Lead bank is very low-key; this is real infrastructure, much stronger than those who just shout slogans.
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Can't hold it anymore. The level of self-deception in the crypto circle is truly top-notch.
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Got it. My final stop for the Coinbase wallet is the lead bank, this small-town bank. Quite surreal.
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AllInAlice
· 12-17 05:56
Wow, this is why they say crypto ultimately can't escape traditional finance. After all the effort, it still has to rely on banks to save the day.
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GasFeeCrier
· 12-17 05:55
Laughing out loud, we still have to rely on traditional banks to survive. The Web3 freedom dream is shattered again.
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quietly_staking
· 12-17 05:52
Wow, so this is the truth. It turns out that behind our stablecoin liquidity, traditional banks are standing there. Do the decentralized dreams still have to rely on centralization to save the day?
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ContractSurrender
· 12-17 05:51
We still can't escape traditional finance... We thought decentralization could eliminate banks, but in the end, we still have to rely on them to process orders.
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MoonMathMagic
· 12-17 05:45
So, this is reality, brother... We've been shouting about decentralization for so many years, and in the end, we still have to rely on traditional banks to get things done...
What's going on? Lead Bank suddenly becomes infrastructure? That's really interesting.
Wait, doesn't this mean that the end point of stablecoins is actually still that old system?
Gotta admit, the bank's recent layout is indeed impressive, at least solving our withdrawal issues.
So Web3 wallets are actually just virtual, and in the end, they still need the bank's approval? Feels a bit awkward.
If this continues, wouldn't the banks become even more stable, while we just hype ourselves up...
By the way, what do Coinbase think about this? Is such a partnership really the trend?
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CounterIndicator
· 12-17 05:30
Damn, is this what they call decentralization? In the end, you still have to rely on the big bank to take over
I've seen this trick many times; when traditional finance can't make money, Web3 steps in to fill the gap
Lead Bank's move is pretty aggressive, quietly making a fortune behind the scenes
Another dream crushed... banks are the real winners
CeFi to CeFi, it's a game of nested layers
Honestly, it still depends on traditional finance's liquidity; all this talk about decentralization is just talk
It seems the future of stablecoins is tied to traditional banks, and this compliance path is really solid
I just want to know if ordinary users will get exploited by these partnerships
Not to mention, at least Lead Bank's move is very clear-headed; earning compliant money is the safest
Kansas City-based Lead Bank is becoming a key financial infrastructure in the crypto ecosystem. It is understood that the bank has established deep collaborations with multiple stablecoin and cross-border payment companies, including Brale, BVNK, Nala, Noah, Zerohash, and others.
More notably, through integration with a certain payment solution, Lead Bank's service network has extended to mainstream Web3 wallets such as Coinbase Wallet, Phantom, and World App. This means that the funds settlement and withdrawal for ordinary users in these wallets ultimately connect to the backend systems of this traditional bank.
To some extent, traditional banks are quietly becoming the behind-the-scenes heroes of stablecoin liquidity. Lead Bank's strategic layout indicates that those crypto projects focused on cross-border payments still need to tie in with legitimate financial institutions to truly realize their goals. This may suggest that in the coming years, similar "bank + crypto" cooperation models will become increasingly common.