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Binance CEO says crypto is evolving into real-world financial infrastructure

August 17, 2026, 9:04 AM
Binance CEO Richard Teng said on X that the crypto industry is evolving beyond simple trading, with users gaining access to a wider range of markets through crypto. Teng said stablecoins are being used as financial infrastructure and that cases of people using crypto directly in everyday life are gradually increasing. He added that the most important value of innovation lies in helping people access new opportunities in practical and secure ways.

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