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Crypto is being seen as an alternative to bank account savings

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Proprietary research from Paybis shows that cryptocurrency is increasingly being used as a long-term financial tool, with many users incorporating digital assets into their saving strategies and seeking alternatives to traditional banking systems.

When asked about their primary reasons for using crypto platforms, users selected:

  • Long-term investment (24%)
  • Using crypto as a savings alternative to banks (23%)
  • Short-term trading (20%)
  • Everyday payments and transfers (19%)

Moreover, users show cryptocurrency ranks second in savings methods at 31%, behind bank deposits at 59% but ahead of retirement funds (18%). signaling its rising role as a long-term investment and bank alternative.

A Shift Toward Everyday Utility

Findings reveal that many users rely on crypto for practical day-to-day needs, including cross-border transfers. Nearly 12% frequently use crypto as a way to send or receive money internationally, supporting family, paying for services, or simplifying the global movement of funds.

“Cryptocurrencies are moving decisively beyond speculation to being a long-term financial tool,” said Paul Afshar, Chief Marketing Officer at Paybis.  “Trade uncertainty with the US, along with the prospects of a global economic downturn, pushes more and more ordinary savers into crypto. This is crypto growing up into infrastructure with real-world utility.”

Paybis encourages the industry to support this shift by investing in transparent products, educational resources, and responsible regulatory alignment. As user expectations evolve, so must the systems around them.

About Paybis:

Paybis provides crypto tools to the world’s leading businesses.

Trusted by the world’s leading businesses and over 5 million users since 2014, Paybis makes crypto simple, from on or off-ramping, processing crypto payments and payouts or managing digital assets through secure wallets.

We help businesses:

– Attract more Web2 customers | Through crypto stakes, swaps, bridges & minting with fiat

– Improve conversion and retention | Through our suite of Crypto BaaS and IBAN products

– Gain access to instant crypto liquidity | Through our on-off ramps and crypto processing

– Enable stablecoin settlements and mass crypto payouts

Paybis experts work with the world’s leading Crypto exchanges, DeFi, Wallets, Fintechs, e-commerce companies, and acquirers, offering 27/4 support to simplify crypto for their businesses.

All our products have simplicity at their heart, from one-click Apple Pay to lightning-fast ID verification to customisable, easy integrations.

  • Retail & Corporate On/Off-Ramp – Let your customers buy, sell, or swap crypto efficiently using local payment methods across the globe.
  • Business Wallets & OTC Desk – Designed for businesses — buy, sell, swap, manage crypto and stablecoins with a built-in fiat exchange globally.
  • Crypto Payouts – Settle anyone in crypto in an efficient and risk-free way globally via the API or dashboard – enhanced by a dedicated IBAN for fiat deposits.
  • Payment Processing – Allow global payments from your customers in 45+ fiat currencies and get paid in stablecoins with an instant withdrawal option.

Licensed in the US, UK, Canada, and Europe, Paybis combines regulatory-grade compliance with simple integrations to help companies bridge traditional finance and the digital economy.

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ChimpX AI Announces Final Pre-Sale of SuperApp on BNB Chain: Grab $CHIMP at $0.25 Before February Listing

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As the broader cryptocurrency market begins its much-anticipated structural recovery, the window is rapidly closing for investors to gain early-stage exposure to one of the year’s most significant “DefAI” projects. ChimpX AI has officially entered its final pre-sale phase on the AlphaMind launchpad, offering the global community a final chance to acquire the $CHIMP token at a strategic valuation before it transitions to public trading on PancakeSwap later this month.

The timing of this launch is critical. Following a turbulent start to 2026, Bitcoin and BNB are signaling a definitive reversal. As capital rotates back into utility-driven ecosystems, ChimpX AI is positioning itself as the premier “SuperApp” for the BNB Chain. This final pre-sale round on AlphaMind is not merely a fundraising event; it is the final gate before the protocol enters the open market with a functional product and a rapidly growing user base.

The AlphaMind Advantage: A Strategic Entry Point

The AlphaMind round is specifically structured to reward early conviction. Following sold-out IDOs on premier platforms like SPORES and Poolz Finance, ChimpX AI has reserved this final allocation for retail participants at a price point of $0.25 per token. With a $4 million Fully Diluted Valuation (FDV) at the pre-sale level, $CHIMP represents a rare opportunity to enter a high-utility infrastructure project before the typical “listing volatility” associated with top-tier DEX launches.

Furthermore, the round features a 25% unlock at the Token Generation Event (TGE). For participants, this provides a significant liquidity advantage, allowing them to benefit from the initial market momentum immediately upon the PancakeSwap listing.

Mojo: The Tech Driving the Hype

The frenzy surrounding the $CHIMP pre-sale is driven by the successful launch of the Mojo SuperApp (available at app.chimpx.ai). Unlike many speculative AI projects that offer “vaporware,” ChimpX AI has delivered a working product that addresses the biggest barrier to DeFi: Gas Fees.

By integrating Account Abstraction on the BNB Chain, Mojo allows users to trade, lend, and manage assets without ever needing to hold gas tokens. This “invisible blockchain” experience—where the complexity of Gwei and gas limits is abstracted away by AI—is widely considered the “Holy Grail” for retail onboarding in 2026.

Countdown to PancakeSwap

The urgency for the AlphaMind round is high, as the project prepares for its primary listing on PancakeSwap in February. Market analysts note that similar AI-driven DeFi projects on the BNB Chain have seen massive price discovery post-listing, especially when backed by a functional product.

Investors can participate by visiting https://app.alphamind.co/ido/6989a7df51f2ab92207ec335?invite=rmzD-2dY

The process is streamlined to allow for quick commitments with a maximum ticket size of $15,000 per wallet.

Official Ecosystem Links:

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What Drives XRP Price? Ripple Insider Highlights Liquidity Over Hype

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Greg Kidd, an early executive at Ripple and a long-time figure in the cryptocurrency space, has shared fresh insights into what truly drives XRP’s long-term relevance. Rather than focusing on short-term price fluctuations, Kidd argues that liquidity and supply dynamics are the most critical factors determining XRP’s role and sustainability within the global financial system.

According to Kidd, XRP’s value proposition lies in its ability to function efficiently within payment infrastructure, not in speculative price movements. He believes that without deep and reliable liquidity, XRP cannot fully perform its intended purpose, regardless of how high its market price may rise.

Early XRP Investment Reflects Long-Term Conviction

Kidd revealed in a past interview that he still holds a substantial XRP position, having acquired roughly 1% of the total XRP supply more than five years ago. This investment predates the wave of institutional adoption and modern crypto market infrastructure, underscoring his long-standing confidence in XRP as a financial utility rather than a speculative asset.

His early involvement gives him a rare, long-term perspective on how real value is created within blockchain ecosystems. Kidd views XRP as a tool designed to solve liquidity challenges in global finance, not simply as a vehicle for price appreciation.

XRP’s Role as a Bridge Asset in Ripple’s Ecosystem

Kidd emphasized that XRP’s primary function is to act as a bridge asset within Ripple’s payment network. While Ripple builds enterprise-grade systems for cross-border transfers, XRP enables seamless movement of value between different fiat currencies.

He noted that XRP’s effectiveness is independent of Ripple’s corporate performance. Instead, the token’s strength lies in its ability to provide fast, cost-efficient liquidity across markets, making it suitable for large-scale transactional use.

Liquidity Matters More Than Price

A key takeaway from Kidd’s commentary is that liquidity outweighs price when it comes to XRP’s utility. High liquidity allows participants to move in and out of positions quickly, with minimal slippage—an essential requirement for institutional and cross-border payment use cases.

Kidd explained that even if XRP’s price increases, a lack of deep and efficient markets would limit its usefulness. In contrast, strong liquidity enables XRP to function as a reliable transactional instrument within the global payments ecosystem.

Supply, Demand, and Long-Term Price Potential

While liquidity is central to XRP’s role, Kidd acknowledged that supply constraints and rising demand naturally influence price over time. As adoption grows and markets mature, increased demand relative to available supply could support long-term price appreciation.

However, he stressed that any meaningful upside would be driven by real usage and sustained participation rather than speculation. In his view, price growth should be a byproduct of utility, not the primary objective.

Ripple’s Vision for Blockchain-Based Banking

Beyond XRP, Kidd has shared a broader vision for Ripple’s role in transforming traditional finance. Speaking at the XRP Las Vegas conference in June 2025, he suggested that blockchain technology could modernize legacy banking systems and integrate traditional institutions into decentralized networks.

In his current role as CEO of Vast Bank, Kidd is working on issuing FDIC-insured U.S. dollar tokens on the XRP Ledger. These tokens operate under a fractional-reserve model and aim to deliver capital efficiency, interest generation, regulatory protection, and 24/7 cross-border payment capabilities. He also plans to expand this framework to other currencies, including the British pound and the euro.

Conclusion

Greg Kidd’s perspective reinforces the idea that XRP’s long-term success depends far more on liquidity, structured adoption, and real-world utility than on short-term price action. While price appreciation may follow as markets deepen, Kidd believes XRP’s true value lies in its ability to function as a reliable bridge asset within a modernized global financial system.

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Supreme Court Decision Expands Crypto Seizure Powers in South Korea

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South Korea’s Supreme Court has delivered a landmark ruling that significantly reshapes how cryptocurrency is treated under criminal law. In a historic decision dated December 11, 2025, and made public in early 2026, the court ruled that Bitcoin held on domestic cryptocurrency exchanges can be legally seized during criminal investigations under the Criminal Procedure Act.

The ruling brings long-awaited clarity after years of legal uncertainty surrounding whether digital assets qualify as seizable property in criminal cases. The case stemmed from a police investigation into alleged money laundering, during which authorities seized 55.6 Bitcoin from an individual’s account on a local cryptocurrency exchange. The defense argued that Bitcoin, being intangible, could not be classified as property subject to seizure. However, the Supreme Court firmly rejected this argument.

In its reasoning, the court explained that “seizable property” under the Criminal Procedure Act is not limited to physical assets. Instead, it also includes electronic data and other forms of property that hold economic value. The justices concluded that Bitcoin meets these criteria, describing it as an electronic asset that can be independently managed, traded, and economically controlled. As a result, it can be confiscated when legal conditions are satisfied.

The ruling further confirmed that digital assets stored in custodial exchange wallets—such as those operated by major Korean platforms—fall within the scope of lawful seizure. This interpretation aligns with previous judicial views in South Korea, which have already recognized virtual assets as non-tangible property with real economic value.

Implications for Law Enforcement and Crypto Exchanges

This decision is expected to significantly strengthen prosecutorial powers in crypto-related criminal cases, particularly those involving money laundering, fraud, or the concealment of illegal proceeds through digital assets. By resolving a long-standing legal debate, the ruling removes a major obstacle that previously complicated enforcement actions involving exchange-held cryptocurrencies.

Legal experts note that the decision is consistent with South Korea’s broader regulatory stance on digital assets. Over the past year, authorities have increased scrutiny of the crypto sector and imposed penalties on several exchanges for violations related to anti-money laundering compliance.

While the ruling does not directly impact lawful users of cryptocurrency, it is likely to encourage exchanges to enhance their cooperation with law enforcement agencies. This may include faster response mechanisms, improved asset-freezing procedures, and stronger internal compliance systems to meet legal obligations.

Overall, the Supreme Court’s decision marks a major step forward in the legal treatment of virtual assets in South Korea. By clearly stating that Bitcoin held on exchanges is subject to seizure under criminal law, the ruling provides much-needed guidance for investigators and prosecutors. As the crypto landscape continues to evolve, this precedent is expected to play a critical role in shaping future enforcement practices within South Korea’s digital asset ecosystem.

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