Delphi: Among more than 190 crypto card projects, Rain and RedotPay account for approximately 90% of on-chain transaction volume

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Delphi Digital releases the "New Crypto Banking Framework" report stating that stablecoin payment infrastructure has become an inevitable trend, but not all crypto companies can succeed in this space. The sector has divided into five models, with the ultimate survivors either controlling infrastructure, controlling distribution channels, or focusing on markets underserved by traditional banking services. Delphi points out that Rain and RedotPay have become early examples of two paths: Rain has Visa principal membership and provides card issuance infrastructure to other crypto applications; RedotPay focuses on emerging markets with stronger demand for US dollar access. Among the over 190 crypto card projects they track, Rain and RedotPay together account for approximately 90% of observed on-chain transaction volume. Delphi believes that in the future, it is more likely that traditional card organizations will not be completely replaced by crypto payment tracks, but rather that traditional giants will adopt stablecoin pathways, with a few crypto companies controlling the main transaction volume.
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TheSolitaryRockBehindThe
· 6h ago
Rain and RedotPay account for 90% of on-chain transaction volume; this Matthew effect is quite harsh.
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QuantizedDaydream
· 8h ago
Infrastructure + distribution channels must both be developed to thrive; relying solely on one end is probably very difficult.
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ContrarianIndicatorMyself
· 8h ago
It's not about replacement, but integration. This statement has eased the anxiety of many people.
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GaslightLatte
· 8h ago
Emerging market dollar demand is indeed a blue ocean, and RedotPay's entry point is very accurate.
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FeeswitchWhisperer
· 8h ago
Traditional card organizations won't die; they're just switching tracks, and that judgment is reliable.
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