Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$19,165.22-1.42%
  • ethereumEthereum$1,038.14-2.43%
  • xrpXRP$0.312287-1.21%
  • bitcoin cashBitcoin Cash$102.181.33%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
  • Autotrading
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Stablecoins and Charity To Drive Crypto Adoption, Changpeng Zhao Says

John Wanguba by John Wanguba
April 30, 2021
in Blockchain, Crypto news, News
Reading Time: 4min read

For several years now, commentators and analysts believe that the prices of cryptos will stabilize and surge when they achieve mass adoption. Changpeng Zhao, Binance founder, and chief executive said that stablecoins and charity initiatives will play an integral role in driving significant crypto adoption globally.

Zhao was speaking at Virtual Blockchain Week (VBW) where he also discussed Binance Academy’s work with Chinese government institutions on various blockchain projects. In the same meeting, he revealed his hopes that Binance can influence the shape of the country’s regulatory strategy.

Crypto Charity

During that ‘fireside chat’ with VBW’s hosts, CZ claimed that crypto-based charity programs are propelling significant crypto adoption around the world. He explained:

“If I’m going to give you some donation in crypto, you are more likely to go and get a wallet or register an account on an exchange to accept it. That type of adoption is a positive first-contact for a lot of people. So it does increase adoption. We also see that it also helps the Binance reputation […] We have been much better received in a lot of […] countries due to the charity initiative. So there [is] some selfishness to it.”

Stablecoins Attracting Merchants for Crypto Adoption

Speaking to reporters later; Zhao said that he thinks that stablecoins will help in driving major adoption among retailers and merchants. He added:

“Before [stablecoins] it was like two extremes — you either stay in USD or Fiat, [or] you’re either BTC or Ethereum or BMB, and the price fluctuates against fiat. Crypto can be “really troublesome for a shop owner because their expenses are in fiat.”

The Binance CEO described stablecoins as an intermediate step claiming that the fiat-denominated tokens might solve many challenges. They will help individuals and merchants who want to be in crypto join in; but still have their expenses covered using fiat.

Binance Aims To Join Chinese Government On DLT

When reporters asked Zhao about the exchange’s plan for its recently launched Blockchain Research Institute in Shanghai; he said that the institute will majorly focus on exploring applications for the distributed ledger technologies (DLT) in conjunction with China’s government.

Zhao explained:

“There’s a very big push by Chinese government agencies to all learn about blockchain. They are very smart in the sense that they said ‘Well if we’re going to understand this thing let’s understand it; let’s not be outsiders trying to regulate an expert area.”

Binance is working closely with the government and they are quite receptive according to Zhao. The CEO said that his brand now aims to become influential in that process.

Like what you're reading? Subscribe to our top stories
Tags: BinanceBusinessChangpeng ZhaoCharityChinacryptoCrypto adoptioncryptocurrencydistributed ledger technologyDLTDLT applicationsStablecoins

Related Posts

Deutsche Bank Analysts Expect Bitcoin To Surge To $28K By December
Analysis

Deutsche Bank Analysts Expect Bitcoin To Surge To $28K By December

July 2, 2022
GoCardless Ready To Purchase Nordigen
FX Industry

GoCardless Ready To Purchase Nordigen

July 1, 2022
Banco Sabadell Sold Nomo Stake 18 Months After Latest Investment
FX Industry

Banco Sabadell Sold Nomo Stake 18 Months After Latest Investment

July 1, 2022
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • Crypto news
  • Analysis
  • Editors’ Choice
  • Entertainment
  • Press Releases
  • ICO
  • Wisdom
  • Coins List
  • Advertising
  • About FXTimes
    • Privacy Policy
    • Terms of Use
    • Donate

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.