Dubai, UAE – May 07, 2025 — In a defining moment for the future of global finance, LquidPay unveiled its groundbreaking decentralized on-chain banking infrastructure — LquidPay Deobank — at the prestigious ZigChain Summit. With hundreds of industry leaders, blockchain pioneers, and investors in attendance, LquidPay presented a bold new paradigm for how we manage, spend, and grow our money.
What is LquidPay Deobank? LquidPay Deobank is the world’s first fully decentralized on-chain banking platform, merging real-world financial utility with blockchain transparency and user autonomy. Unlike traditional banks or neobanks, Deobanks are built entirely on blockchain rails and governed by smart contracts, not institutions. LquidPay Deobank empowers users to hold custody of their assets, earn real-time DeFi yield, and seamlessly spend anywhere via Visa — all from a single non-custodial wallet.
The Limitations of Traditional and Neobanks. While neobanks have revolutionized user experience through sleek interfaces and mobile-first services, they are still rooted in centralized infrastructure. They hold custody of user funds, operate within strict licensing zones, and offer limited or no access to on-chain wealth generation opportunities. In contrast, LquidPay’s Deobank bypasses these constraints.
“Deobanks aren’t the next version of banking. They’re an entirely new foundation. We’ve built LquidPay Deobank to give users global access, total control, and real-time yield — with no compromises,” said Shavez, CEO of LquidPay, in his keynote address at ZigChain.
Core Innovations Presented at ZigChain:
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On-Chain Yield Generation: Users can earn yield directly via staking, lending, and liquidity provisioning within DeFi protocols — without ever giving up custody.
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Visa-Powered Spending: LquidPay integrates with Visa, enabling crypto to be spent instantly at over 100 million merchants worldwide.
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Non-Custodial Architecture: Unlike banks or neobanks, LquidPay does not hold or control user funds. Assets remain secure in user wallets.
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Global Remittances & Transfers: Send and receive value across borders in seconds with negligible fees, all from a decentralized infrastructure.
Deobank vs. Neobank: A Comparative Outlook
|
Feature |
Neobank |
LquidPay Deobank |
|
Custody |
Centralized |
Fully User-Owned |
|
Spending |
Limited to fiat rails |
Visa-enabled crypto spending |
|
Yield |
Minimal or none |
Native DeFi returns |
|
Transparency |
Backend black-box |
On-chain, auditable |
|
Access |
Licensed regions |
Global, permissionless |
The ZigChain Summit saw overwhelming support for LquidPay’s vision, with VC firms, developers, and DeFi architects praising the platform’s readiness to redefine financial inclusion. As regulation increasingly pushes DeFi into mainstream awareness, LquidPay’s proactive, compliant architecture also ensures long-term viability.
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