The next billion banking customers won't come from branch networks or correspondent banking relationships. They'll come through their phones, holding digital dollars, trusting institutions that transcend borders. Chase has 90M Americans. The opportunity is the other 7 billion. This is the blueprint for how Chase becomes the world's first truly global consumer bank—not by exporting legacy infrastructure, but by building the future on stablecoin rails.
Here's what changed: normally, launching banking services in a new country requires years securing local licenses. Chase would need to negotiate with regulators in the Philippines, Brazil, India—country by country. But a stablecoin wallet skips all of that. No branches. No local licenses. Users custody their own funds, so it's not on Chase's balance sheet. You can go global immediately. And others have already proven this works. Robinhood launched internationally through crypto, captured millions of users, then added traditional brokerage. Revolut used crypto as the wedge into new markets before building out full banking. They've de-risked the model. Now Chase can come in and do it right. Not rushing with half-built compliance. Not cutting corners on security. Not building hype without substance. Chase has the brand trust, the regulatory relationships, and the balance sheet to execute this playbook properly—turning a validated proof-of-concept into the global standard.
| FinTech Challengers (Revolut, Monzo) |
Legacy Remittance (Wise, Western Union) |
Crypto Natives (Coinbase, Binance) |
Chase | |
|---|---|---|---|---|
| Value proposition | Multi-currency banking alternative | Low-cost money transit | Crypto trading + custody | USD safe haven + full banking utility |
| Global speed to market | Years (license battles) | Established (50+ countries) | Fast (regulatory arbitrage) | Weeks (crypto rails) |
| Stored value | Yes (with licenses) | No (transit only) | Yes (crypto only) | Yes (USD-backed) |
| Trust deficit | Low (regulated) | Low (established) | High (opaque, offshore) | None ($3T balance sheet) |
| Yield on deposits | Limited | None | High (risky DeFi) | Treasury-backed, safe |
| Customer acquisition edge | Paid ads, referrals | Agent networks | Subsidized trading fees | 90M US users + embedded distribution in MetaMask/Trust Wallet |
| What happens if Chase waits | They win affluent switchers first | Commoditized, shrinking market | They own the default stablecoin | Arrives late to market Chase should have owned |
Building from scratch means navigating unknowns: which licenses work across jurisdictions? Which payment partners are reliable? How do fraud patterns differ in crypto? Which compliance workflows scale? You're solving problems Ramp already solved. Every mistake costs months. Every regulatory conversation starts from zero. You'll eventually get there, but you'll make expensive mistakes along the way.
Ramp has already made the mistakes and solved the problems. The playbook is proven. This isn't about rushing—it's about starting right. Inherit what works, skip what doesn't: