Smart contract wallet may be the key to mass adoption

Bc Argent has this features: * No awkward seed phrase * L2 by default (zkSync) * Fiat-on-ramp * Username * Simple UI

Currently defi protocol Curve and Unisync (fork of uniswap v2) are live on ZkSync testnet. Matterlabs also has a roadmap to enable privacy on ZkSync

Basically Argent is the DeFi version of PayPal but more secure, permissionless, trustless, with a flat-transparent-crystal-clear-innocent fee

If there's another Smart Contract Wallet built on L2 and you can bridge funds to ZkSync, then I guess it's just like sending money from Paypal to Cashapp/Venmo/Square

Last but not least, according to L2fees, current tx fee on ZkSync is only $0.42, which is still more expensive than other alt L1, but already much more cheaper than most of international/domestc tx on TradFi

Western Union: $5 to 70 (Depends on tx amount, finalized in minutes)

Commonwealth: $2 to 5 AUD or 3%

UBS: $0.3 to 5 CHF

Paypal: $0.3 to 4.99

HDFC: 20 INR ~$0.27

Well, it's not as cheap as domestic tx in a developing country, at least for now…