Financial Services

The updated version offers more generous rewards for purchases at US gas stations and online purchases. We weigh whether that’s enough to capture consumers’ attention.

In 2023, 5.5 million US adults will use cryptocurrency to make payments, a jump of more than 350% in three years. That said, this figure represents a meager 2.3% of US internet users, showing that crypto payments are far from mainstream.

It’s buying a banking license and using its funding to build the tech behind its operations, laying the foundation for a super app.