Spent this morning talking with/about fintechs and neobanks in SE Europe. a) the pace of innovation and crypto adoption is extremely higher vs 🇺🇸 startups b) this adoption trend stems from necessity. the banks in this part of the world are extremely slow/sclerotic. Its a similar model when Africa leapfrogged the West with Mpesa. c) many SE European countries have big immigration populations from ME and African countries which are still financially tied to their motherland (remittances etc). Stablecoins are a better solution, simple as that d) e-wallets are widely adopted. It helps with easy payments for utilities and p2p money transfers. Sports betting is also very big in this part of the world with many betting platforms slowing turning into fintechs via BaaS e) for better or worse, MiCA provides the necessary clarity At @zksync we will be investing much more time and energy in Europe providing a full stack with the flexibility to adapt to the relevant needs (from stable issuance to launching a chain). (Big thanks to @endeavor_global in 🇬🇷for spearheading these efforts)