<ul data-eligibleForWebStory="false"><li>Younger generations, particularly Gen Z and Millennials, are increasingly turning away from traditional banks towards crypto platforms like Coinbase and Ripple for better financial opportunities, higher returns, tokenized stocks, and access to Web3 tools.</li><li>John E Deaton predicts that companies such as Coinbase, Kraken, Ripple, and Robinhood will replace traditional banks by offering a wide range of financial services, including loans like mortgages, construction loans, and car loans.</li><li>Deaton highlights the potential Ripple-Uphold deal, suggesting that Uphold could become a significant player in the new financial system if Ripple acquires it, potentially expanding Ripple's reach in digital payments and financial tools.</li><li>The shift away from traditional banks is attributed to the demand for faster services, higher returns, and greater control over finances in the era of DeFi, prompting younger individuals to embrace crypto platforms over big banks.</li></ul>

John Deaton Says Ripple, Coinbase Will Replace Big Banks

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