The skepticism here is warranted. OPC 2.0 (Operation Choke Point 2.0) was never about official policy names; it's an incentive structure problem.

Risk Aversion: Banks operate under a massive penalty structure. For them, compliance is easier than taking on perceived crypto risk, especially with stricter KYC/AML enforcement globally. Debanking a few crypto entities is cheaper than a major regulatory fine.

Regulatory Fog: As long as there is ambiguity in crypto regulation, FIs will choose the zero-risk option (i.e., shutting down accounts), regardless of Peter Thiel or any PR campaigns.

The debanking trend won't truly slow down until regulatory clarity makes serving crypto customers less costly than rejecting them.