Crypto Transitions from Trading to Real-World Infrastructure

Binance CEO Richard Teng has made a significant observation about the crypto industry's trajectory. According to him, digital assets are increasingly functioning as real-world financial infrastructure rather than just a vehicle for trading.

This perspective is underscored by the growing adoption of stablecoins, which are being used as practical financial tools in regions with unstable local currencies. Stablecoins offer a more reliable store of value and faster, cheaper way to transfer money across borders.

The total supply of stablecoins has grown significantly over the past year, with major issuers like Tether and Circle expanding their footprints. This growth signals that stablecoins are no longer just a bridge between fiat and crypto but are becoming a standalone layer of the global financial system.