| Mutual Funds | Redemption collateral | -15bps cash drag |
| Insurance | Low-risk float collateral | Tax-free daily yield |
| Neobanks | Cross-border | -30bps FX fee |
| Healthcare | Secure payment processors | Prevent $9T breaches |
| Corporate | Intracompany | Instant 24/7/365 settlement |
| Unbanked | Mobile banking | Yield + access |