Are crypto rails and DeFi infrastructure mature enough to support neobanks in 2026?

On February 16 2026, an analysis examined whether current crypto infrastructure can adequately support neobanks and bank-like services. The discussion highlighted unresolved conflicts around stablecoin issuers paying interest, the dominance of card-based products, and the risks of DeFi lending and fake platforms. It also noted that despite user-friendly crypto cards and wallets, complexity, regulation, privacy exposure on public chains, and intense competition still hinder fully fledged crypto neobanks.