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Glide vs a traditional bank
If you need FDIC/DGS insurance on every dollar and never touch crypto, stay with a bank. If your team holds USDC, pays globally, and wants multisig — banks fight you.
Where Glide wins
- ✓Stablecoin deposits and on-chain settlement 24/7
- ✓Safe + Squads multisig for company treasury
- ✓Multi-rail send (ACH, SEPA, FPS, on-chain) from one UX
- ✓Agent/MCP banking with scoped grants
- ✓Transparent FX tooling and vendor pass-through pricing posture
Where Traditional bank still wins
- ·Deposit guarantee schemes on eligible fiat deposits
- ·Branch / cash / cheque legacy products
- ·Long credit history products (mortgages, large credit lines)
- ·Local brand recognition for non-crypto counterparties
| Dimension | Glide | Traditional bank |
|---|---|---|
| Primary unit of account | USDC + multi-currency fiat | Local fiat only |
| Weekend / holiday settlement | On-chain always on | Banking hours |
| Treasury controls | On-chain M-of-N + policy | Dual control if enterprise |
| Crypto businesses | First-class | Often restricted |
| Deposit insurance on crypto | No (issuer/chain risk) | N/A (no crypto) |
| Global freelancers | Designed for it | Wire fees + FX markup |