YouTube will become the next new type of bank
Author: Caleb Shack
Compiled by: Jiahua, ChainCatcher
Every successful neobank follows the same starting path: identifying areas where traditional banks charge excessively or provide poor service, using this as a foothold to penetrate broader banking operations.
SoFi found that the FICO credit score is a poor pricing method for student debt for borrowers with growth potential. Instead, they underwrite based on income trajectory and disposable cash flow, and the data they accumulate gradually becomes a real moat. While most banks charge a 3% fee for every overseas transaction, Monzo, Revolut, and Starling started by offering zero foreign exchange fees. In the Brazilian market, where traditional banks charge punitive rates and millions are excluded from the formal financial system, Nubank won the market with no annual fee credit cards.
This approach remains consistent: find a foothold, capture vertical niche scenarios, and then expand to full-service offerings.
Today, thanks to stablecoins, providing checking and savings accounts has become unprecedentedly simple. The infrastructure has essentially been commoditized. This has spawned a wave of neobank startups based on stablecoins, but most of them lack differentiation. The "frictionless" characteristics that allow them to launch easily will also enable the next batch of competitors to follow suit effortlessly. At the deposit level alone, there is no moat.
The first generation of fintech companies succeeded primarily because they built differentiated products on top of the newly commoditized distribution layer (the internet). This gave them an advantage over existing traditional banks. When commoditization occurs, it paves the way for new products to emerge through bundling. The convenience of opening deposit accounts will not spawn a thousand new independent neobanks; rather, it will make neobanks a built-in feature, embedded into platforms that already have more valuable assets: sources of income.
If you are a creator making money on YouTube or Twitch, your relationship with the platform is deeper and richer in data than your relationship with Chase. The platform understands your cash flow in real-time. It knows your growth trajectory. It understands algorithms deeply. It can provide credit underwriting in ways that traditional banks never could. The same logic applies to gig economy platforms like Uber and Lyft, social commerce platforms like Whop and TikTok, and modern payroll service providers like Deel and Gusto.
The logic of bundling creator income with financial products is simple. The income paid to creators and gig workers, the gross merchandise volume (GMV) generated by the market, and the wages paid to employees, once transferred out via ACH, lose value from the platform. Just YouTube alone has paid creators over $100 billion since 2021 and launched stablecoin payments in December. Whop has generated over $4 billion in GMV and has begun to vertically expand into the cryptocurrency-supporting financial services sector. With just a few lines of code, the platform can now earn transfer fees and short-term treasury yields during the payment process, making it a natural choice to bundle these services within the platform and ultimately offer loan services based on their understanding of users.
These companies do not need to become real banks in a regulatory sense. They only need to provide banking as a service (BaaS), including accounts, debit cards, and loans, driven by the platform data they have already generated. The foothold here is no longer product gimmicks or pricing arbitrage; the foothold is the income relationship itself.
YouTube will become the next neobank. Not because YouTube will apply for a banking license, but because wherever the money comes from, financial services should be there.
You may also like

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Bitcoin Trading Guide 2026: Strategies for Experienced Traders

What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching

Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.

Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.

Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery

Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.

WEEX Deposit/Withdrawal Dynamic Island: Your Asset Status, Always in Sight

Scaling Crypto Derivatives: The Digital Asset Infrastructure Behind High-Volume Trading
In the fast-moving digital asset ecosystem, derivatives platforms face an extreme architectural test. High-leverage futures markets demand more than just standard security—they require absolute operational precision, zero-latency matching engines, and ironclad structural scalability, all while navigating intense market volatility.
As global platforms scale to meet these demands, the industry is shifting away from rigid, monolithic setups toward a more agile, "decoupled" infrastructure philosophy.
The Blueprint for High-Volume Copy TradingFor elite global exchanges like WEEX (founded in 2018), this architectural choice becomes critical when scaling high-volume retail features like social copy trading. When thousands of users automatically mirror the real-time strategies of elite traders simultaneously, it triggers sudden, monumental spikes in concurrent transactional volume.
To prevent execution latency or settlement bottlenecks during these peak volatility events, a platform's primary engine must remain entirely dedicated to risk management, copy-trade synchronization, and order matching.
The Architectural Rule: New-generation platforms must separate front-end user execution engines from heavy backend infrastructural overhead to eliminate operational friction.
By separating these layers, platforms can maintain complete sovereignty over their trading environments and user experiences while strategically aligning with institutional-grade infrastructure ecosystems. This strategic framework allows modern exchanges to leverage advanced Digital Asset Custody infrastructure such as Cobo’s behind the scenes, ensuring that backend wallet management scales elastically alongside trading spikes.
Capitalizing on Market Momentum and 400× LeverageIn a derivatives arena where platforms offer up to 400× leverage on perpetual contracts, capital efficiency and market agility are core business metrics. To capture market momentum, an exchange needs the ability to rapidly expand its asset offerings, supporting everything from legacy crypto assets to sudden, trending altcoins across a massive library of trading pairs.
Adopting a flexible, scalable Wallet-as-a-Service (WaaS) solution such as Cobo’s could completely rewrite the development timeline for high-growth exchanges. Instead of spending months of engineering capital building out custom backend wallet architectures for every new blockchain network, platforms can deploy localized infrastructure in days.
This agility allows platforms to instantly scale their listings to over a thousand trading pairs without compromising security or delaying time-to-market. It mirrors the exact operational advantages seen during high-velocity market events, similar to how advanced wallet infrastructure empowers platforms during sudden asset surges; allowing exchanges to pass that speed and liquidity directly to their global user base.
A Mature Foundation for GrowthThe synergy between trusted infrastructure ecosystems and global trading platforms represents the natural evolution of a maturing crypto market. As WEEX continues to scale its global spot and derivatives offerings for over 6 million users, adopting robust backend paradigms proves that platforms no longer have to compromise between cutting-edge trading velocity and uncompromised structural security.

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle

Get Paid to Onboard? Try WEEX’s New Homepage with Rewards for Registration, Deposit & Trade

WEEX Custom Layout: Build Your Perfect Trading Workspace in Seconds
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.
White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.
