Yes, and cryptocurrency is one take on it, while adoption is still early, it has traction, more so than previous attempts.
Central banks are also working in this area with CBDC's, they can see the benefits of bypassing corporate financial intermediaries too.
We can use bank accounts to gain similar benefits, if it's remade or improved, though the retail banking industry is very resource intensive compared to running the Polygon network.
What other remake are you aware of, people can work with today?
However, it could be, at the end of it, by spurring competition, we have Central Bank CBDC's bypassing the retail bank to build a relationship with all currency users instead of cryptocurrency specifically replacing the financial system. That's another way to go about it.
Cryptocurrency have demonstrated the fundamentals of technology are mature enough, the retail bank, financial institutions, and the billions of dollars they earn being an inefficient middle man recording shared facts, it's ripe for disruption from two ends - Towards complete centralisation at the central bank (blockchain or not), or towards decentralisation via cryptocurrency.
The payment provider and the bank are separate. It seems to me that you could substitute the word “bank account” for “wallet” in your second paragraph and it would still be true. Bank accounts have very well proven reliability at this point, plus the fact that currency in a bank account does not fluctuate in value like a stock. So again, it’s hard to see how that virtue is unique to cryptocurrency.