Trends, Insights and Innovation

Stablecoins Are No Longer the Fringe. They're Becoming the Core.

Wallet-as-a-Service (WaaS) - a cloud-based model allowing seamless integration of digital wallet functionalities via APIs. WaaS reduces complexity, accelerates deployment, and enhances scalability. Companies avoid extensive engineering efforts by leveraging WaaS providers to manage technical aspects.

The recent ByBit hack is a stark reminder of the critical importance of security in crypto. As crypto adoption grows and digital assets become more widely used, custodians face increasing pressure from hackers. With vast assets at stake, neither insurance nor certifications alone provide real protection. The only real defense is designing solutions with uncompromising security at their core. At Scalable Solutions, we leverage a decade of industry expertise to build security-first architectures, proactively shielding our clients from evolving threats.

With security breaches on the rise and trust in centralized exchanges declining, now is the perfect time to launch a self-custody crypto wallet. As users shift towards greater control over their funds, our updated white-label solution offers privacy, security, and seamless functionality.

Choosing the right wallet model—custodial, non-custodial, or embedded—affects security, compliance, and user control. Custodial wallets offer regulatory oversight but introduce centralization risks. Non-custodial wallets ensure user autonomy but require strong security practices. Embedded wallets balance convenience with varying levels of custody. Each model must align with regulatory frameworks like MiCA, SEC, and FATF.

Digital wallets are now a core part of banking, but they bring serious security risks. Cybercriminals exploit credential stuffing, malware, and man-in-the-middle (MITM) attacks to steal sensitive financial data. Banks must comply with regulations such as PSD2, GDPR, and MiCA while strengthening security.

Custody is a fundamental requirement for institutions looking to engage in crypto trading, asset management, and decentralized finance (DeFi), but the path to secure and compliant custody is not straightforward. One of the biggest decisions financial firms face is whether to build their own crypto custody infrastructure or buy from established third-party providers. Let's take a closer look: here are some pros and cons of both approaches. But first, let's answer a simple question.

Institutional adoption of digital assets is accelerating, with major financial players like Morgan Stanley, Fidelity, and BlackRock embracing crypto. Driven by demand for alternative investments, regulatory clarity, and blockchain’s advantages, institutions are shaping the future of the crypto market. This article explores the key players and trends driving this shift.