The Kansas City Federal Reserve’s decision to provide the first master account to a digital asset firm draws excitement from the crypto industry, but concern from bankers.

The Office of the Comptroller of the Currency has left the door open for crypto firms and other fintechs to expand their services.

Credit card companies have ramped up their offerings and other payment providers have announced plans as well. But can it go fully mainstream if financial institutions aren’t on board?

Some say these digital assets are the key to making sure deposits stay in the banking system long-term.