Custodial vs Non-custodial Wallet Apps Rise

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Custodial and noncustodial wallet apps are rising in popularity. Plaid enables KYC checks for both types, linking fintech to traditional banking. Custodial apps like Venmo and Apple Pay offer ease of use but face criticism for slow processes and lack of innovation.

https://privkey.substack.com/p/the-rise-of-custodial-and-non-custodial

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Image: https://substackcdn.com/image/fetch/$s_!CIIk!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F27d86fa4-723c-4cd8-a420-a5e4e6d27311_800x605.png

Image: https://substackcdn.com/image/fetch/$s_!74Wj!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fefcc545e-e574-4757-8675-ccd3ec22022b_1080x1080.png

#wallets #fintech #kyc #bitcoin #apps

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