Crypto’s mainstream moment has arrived, say industry leaders speaking at Consensus Miami
Executives from Binance, Revolut and Circle say crypto is evolving beyond speculation into the financial infrastructure powering payments, remittances and broader global access.
What to know:
- Crypto leaders speaking at Consensus Miami said the industry has moved from speculative hype to real-world utility and infrastructure.
- Retail and institutional adoption are accelerating simultaneously, fueled by regulation, ETFs and stablecoins.
- The next challenge is reducing friction and making onboarding seamless for mainstream users.
Conlan said crypto is evolving beyond trading into functional everyday use cases and is “on route to becoming the fabric of everyday society.”
That shift is increasingly visible in consumer finance. Mazen ElJundi, global business head of investments at Revolut, said crypto’s narrative has moved from speculation toward “real-life utility and scaling.”
Revolut, which operates in more than 40 countries and serves over 75 million customers, now integrates crypto into a broader suite of banking services including remittances and stablecoin usage. “Crypto is about banking without borders,” he said.
At Circle, SVP of marketing Tim Queenan said institutions are increasingly exploring how to move core financial infrastructure onchain. “The infrastructure should be boring,” he said. “What you build on top of it is what’s interesting.” Queenan pointed to stablecoins becoming so embedded in payments that many users no longer even think of themselves as crypto users.
