Digital Banks Outpace Crypto Wallets: User Trust Remains a Key Barrier

Despite high yields offered by crypto wallets, digital banks are gaining popularity for everyday finance and payments, according to industry analysis. This trend is predicted to continue through 2025, with digital banks projected to dominate the market share. Key barriers to widespread adoption of crypto wallets include a focus on trust and user experience (UX), highlighting that yield alone won’t drive significant shifts in consumer behavior.