Binance Pay cumulative payments exceed $280B

Binance CEO Richard Teng announced via X that the cumulative payment volume for its service, Binance Pay, has surpassed $280 billion. He added that since its launch in 2021, Binance Pay has expanded its reach in both online and offline payments globally and plans to extend its QR-based payment service to more than 10 countries by the third quarter of this year.