Building fintech programs onchain is possible with virtual addresses, Simon Taylor notes

Building fintech programs onchain is possible with virtual addresses, Simon Taylor notes
Virtual addresses power onchain fintech

Simon Taylor, Co-Founder at 11:FS, highlights that virtual addresses now allow developers to build fintech programs directly onchain using stablecoins.

According to Taylor, this removes the need for middleware solutions, streamlining the process for onchain fintech innovation.

Taylor has previously noted that Coinbase's yield-bearing stablecoins have not led to displaced deposits. He also pointed to Plaid's $500 million in annual recurring revenue and rapid growth driven by new products. His recent comments add to ongoing coverage of infrastructure changes in fintech and crypto.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.