The crypto industry keeps knocking down the barriers into the core U.S. financial system, and digital assets exchange Kraken’s approval for a limited Federal Reserve account marked another such milestone that analysts think could be the first of a trend.

The crypto arrival inside the Fed payment system — provisional and limited though it is — has aggravated the traditional banks and injected some confusion in the Fed’s ongoing effort to write policies for how crypto firms are supposed to go about getting limited “skinny” master accounts. But Kraken’s Co-CEO Arjun Sethi said that this development represents “what it looks like when crypto infrastructure matures into core financial infrastructure.”

Kraken’s Wyoming-chartered banking…