Depend on what you mean by financial services. For example, no bank can beat crypto in price for remitting ~$1k to Southeast Asia within a couple of hours. I spent years as a digital nomad and there was no traditional fiat solution that came close.

I couldn't even find a traditional solution that beat crypto for converting ~$10k USD in the US to CAD in Canada (although I did have to write a script to do this via crypto and it sometimes took a few days for the markets to align favourably).

On the other hand, I highly doubt blockchain is going to beat banks at their main business of being a middleman between savers and borrowers.

I moved from the US to Canada. Banks wanted to hold my transferred money for a month even though they got the cash within 3 days.

with cryptocoins I wouldn't have had to move the money at all.

So why didn't you convert your USD to Bitcoins, move, then convert your Bitcoins back to CAD as you needed CAD?

I kept the money in kind. It was merely transferred from bank to bank.

FWIW I kept my BTC in kind as well.