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The Self Custody to Real World Spending Gap

1 mentionsScore 8.4r/web3
digital walletsreal world spendinguser experience

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Summary

Users face significant barriers when trying to spend crypto in the real world due to a lack of integration with existing payment systems. Non-custodial wallets provide full control until users want to make purchases, at which point they encounter a wall of fiat rails and merchant terminals that were not designed for self-custody. Current solutions often break the custody model, leading to a loss of control. This gap creates a frustrating experience for users who want to utilize their crypto assets seamlessly in everyday transactions.

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    Users face significant barriers when trying to spend crypto in the real world due to a lack of integration with existing payment systems.

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Context: r/web3

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