I like the idea of digital currencies being used in, and playing a part in, FinTech products and services. I am even more interested in blockchain technology, which could be the basis for potentially hundreds of new FinTech products and services globally.
USAA's recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership. The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in Coinbase's $75 million Series C funding round, which was announced earlier this month. USAA, founded in 1922, focuses primarily on the US military and veteran market.