Changpeng Zhao spoke in interviews for Cointelegraph and Virtual Blockchain Week about how he believes the adoption of cryptocurrencies should proceed. He introduced a very simple guide that each of us can follow.
Changpeng Zhao: Adoption lies in charities and stablecoins
Zhao told Cointelegraph and Virtual Blockchain Week that the main way for general adoption is to start stablecoins. Another great option is charitable events, which the stock exchange itself regularly supports financially and with facilities.
In an interview he said:
“If I give you some money in cryptocurrencies, you will probably register a wallet or an account at the exchange office so that you can accept it. This type of adoption is a positive first encounter with cryptocurrencies, which in itself increases adoption. “
He adds with his second breath that it is also an honor of Binance itself. Charitable events benefit its brand and how it is perceived in various countries around the world.
He also moved on to stablecoins, which have played an important role in recent years. Especially thanks to the efforts of the social network Facebook.
“Before this invention, there were two extremes. You were either in the cryptocurrencies or in FIAT. Now you can technically do both, which traders can use. ”
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