GrapheneOS has sandboxed Play Services which basically means they run just like a normal app on your device and you get to choose the permissions they get. My bank’s app works with it too (no GooglePay tho). It does require you to get a Google Pixel phone though, which might defeat the whole purpose for some.
YouTube's ‘War’ on Adblockers Shows How Google Controls the Internet (www.404media.co)
Another great article from 404 Media highlighting the power that the tech giants have amassed over how how we use the internet....