There are plenty of banks that will take risky money. The problem is visa and master card. Credit cards are the key.I'm not sure we should be celebrating - it looks like the $100 billion asset threshold was passed unmodified.
For reference, Paypal is only worth $50 billion in total and wouldn't be a "covered bank". I'm not sure how many individual Visa/Mastercard issuers would be covered either. Like, Citigroup has over a trillion in assets, but I'm betting whatever sub-entity issues Citibank Visa cards is officially smaller than that. How much smaller, I have no clue.