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From crypto rewards cards to neobanks with EtherFi, Gnosis and Ready
负重前行
2025-11-27 02:01
Ai Focus
Executives from EtherFi, Gnosis and Ready unpack how cheap L2s, new fiat rails and self-custody are turning “crypto cards” into global neobanks.
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Episode 49 of The Crypto Beat was recorded with The Block's Tim Copeland, Gnosis Co-Founder Stefan George, EtherFi CEO Mike Silagadze, and Ready Co-Founder Itamar Lesuisse.

Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

In episode 49 of the Crypto Beat, Tim Copeland was joined by Gnosis Co-Founder Stefan George, EtherFi CEO Mike Silagadze, and Ready Co-Founder Itamar Lesuisse to break down how cheap L2s, new fiat rails and self-custody are turning high-reward “crypto cards” into full-blown global neobanks that can realistically challenge Revolut, Amex and traditional banks.

OUTLINE

00:00 - Introduction

02:37 - Bridging DeFi to daily spend
03:58 - Why demand is surging
08:17 - Neobank revenue model
13:04 - Cost of issuing cards
15:04 - Regional issuance hurdles
19:00 - New user segments
22:27 - What is a crypto neobank?
26:28 - Fixing crypto UX
32:27 - Cost and global scale edge
37:40 - Power of composability

Guest links:

Stefan George - https://twitter.com/StefanDGeorge

Gnosis - https://twitter.com/gnosis_
Mike Silagadze - https://twitter.com/MikeSilagadze
EtherFi - https://twitter.com/ether_fi
Itamar Lesuisse - https://twitter.com/itamarl
Ready - https://twitter.com/ready_co
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