TechnologyAugust 22, 2026

underbanked

un-der-BANKT

Definition

Referring to individuals or communities that have limited access to conventional financial services, such as bank accounts, credit, or loans.

Etymology

Formed from the prefix 'under-' meaning 'not enough' or 'below,' combined with 'banked,' indicating a person who has a relationship with a bank.

In the news

The article notes that crypto firms initially expected their early users to be underbanked people seeking financial inclusion, but discovered that the next major wave of users are instead AI software agents.

Crypto’s next billion users might be AI agents, and they’re paying with stablecoins

Read the full article ↗

CoinDesk

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