Binance CEO says $316B stablecoin supply shows growth beyond investment

Binance CEO Richard Teng stated on X that the stablecoin supply reaching approximately $316 billion is significant. He explained that this indicates the market is growing based on real-world use cases rather than just for investment purposes. Teng attributed this growth to several factors: - Opportunities to generate real returns - The expansion of payment infrastructure - Increased institutional adoption following the GENIUS Act