Crypto's Growing Ties to Traditional Finance Bring Opportunities and Risks
Crypto has become increasingly connected to traditional finance, with banks, payment companies, and investment firms interacting with digital assets in various ways.
The rise of crypto exchange-traded funds (ETFs) and retirement accounts has made it possible for investors to gain exposure to the crypto market without directly owning cryptocurrency.
Stablecoins have also emerged as a bridge between traditional money and crypto, allowing for faster and more accessible payments and transfers. Payment apps such as PayPal, Venmo, and Cash App have made crypto available within familiar financial platforms.