Crypto Won the Holders. It's Losing the Users.

Around 700 million people own crypto. Fewer than 70 million actually use it onchain. That gap — roughly nine in ten owners who never do anything with what they hold — is the most important number in this industry. And it is not an infrastructure problem.

The Infrastructure War Is Over

The chains won. Fees dropped from dollars to fractions of a cent. Throughput crossed thousands of transactions per second. Stablecoins settled tens of trillions of dollars last year — more raw throughput than Visa and Mastercard combined. Whatever you wanted blockchains to do at the base layer, they now do. The bottleneck moved up the stack, to the part a normal person actually touches.

The Interface Is Where It Breaks

Vitalik Buterin has called wallet UX “probably the number one crypto UX issue.” He is right, and it goes further than wallets. To do one useful thing onchain today you juggle seed phrases, gas, bridging, and a different app for every chain. A single chain processed more than a billion failed transactions — actions that didn't work but still cost the user. A mistyped address is not an undo; it is gone. Every other consumer product treats a failed action as a bug. Crypto treats it as the default.

What “Simple” Actually Means

Simple is not a cleaner wallet screen. Simple is one front door for all of crypto, where you say what you want and the machinery disappears. On Matterhorn you describe the outcome in plain language — “move my stablecoins to the best yield,” “place this prediction-market bet,” “swap into this token on whichever chain is cheapest.” The Agents handle the rest: the right chain, the wallet, the routing, the audit. The 1,000-plus chains and 4,000-plus apps stop being your problem and become an implementation detail.

For People, and for Agents

The same front door that a person uses, an AI agent can call. Matterhorn exposes itself through the Model Context Protocol, so an agent in Claude Code or Codex can use any crypto app the same way a human does in the app. That is the shape of the next interface: one layer that turns “use any crypto app” into something both a first-time user and an autonomous agent can do without learning the plumbing.

Crypto already won the holders. Winning the users is an interface problem — and that is exactly the problem we are building Matterhorn to solve: matterhorn.so

Matterhorn is the Cowork for Web3 — a full agentic workspace with 100+ skills, 20+ chains, one wallet, and Vibe-Audit built in. Build and ship production-ready dApps in hours with natural language and real-time AI security audits.