Summary
- He Yi, Binance's co-founder, said blockchain could replace international financial infrastructure and allow global asset transactions to take place on-chain.
- She said that if global foreign-exchange trading eventually moves onto blockchain networks, SWIFT, the existing international payments network, may no longer be necessary.
- Binance said it aims to expand its user base beyond cryptocurrency investors to the broader public and support asset transactions in areas including everyday payments and wealth management.
Forecast Trend Report by Period
Blockchain could eventually replace international financial infrastructure, a Binance executive said.
He Yi, Binance's co-founder, made the remarks at the 2026 Hong Kong Web3 Carnival on April 20, according to BlockBeats. She said blockchain could replace global financial infrastructure and enable asset trading around the world to take place on-chain.
He Yi also said the structure of the global foreign-exchange market could change. Global FX trading could eventually move onto blockchain networks, making SWIFT, the existing international payments network, unnecessary, she said.
That would allow asset trading around the world to take place 24 hours a day without time constraints.
He Yi also outlined Binance's longer-term goals. The company wants to strengthen innovation across the organization rather than focus solely on growth based on its current scale. It also aims to expand its user base beyond cryptocurrency investors to the broader public and support asset transactions in areas including everyday payments and wealth management.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
