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Binance CEO: Fidelity, BlackRock, and Other Institutions Have Converted from Crypto Skeptics to Believers
Summary: According to reports, Binance CEO Richard Teng stated in a Q&A with Ben Fox Rubin, Vice President of Payment Giant MasterCard, that cryptocurrencies are very neutral and exist to address financial inclusion pain points. In recent years, many countries have experienced severe inflation, making holding stablecoins as a wealth storage method much better. The performance ...
According to reports, Binance CEO Richard Teng stated in a Q&A with Ben Fox Rubin, Vice President of Payment Giant MasterCard, that cryptocurrencies are very neutral and exist to address financial inclusion pain points. In recent years, many countries have experienced severe inflation, making holding stablecoins as a wealth storage method much better. The performance of Bitcoin has outperformed all asset classes in recent years, with institutions such as Fidelity, BlackRock, JPMorgan Chase, and even JPMorgan Chase transitioning from crypto skeptics to believers and offering crypto products.
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Link: Binance CEO: Fidelity, BlackRock, and Other Institutions Have Converted from Crypto Skeptics to Believers [Copy]
