Binance CEO: "Macroeconomic Uncertainty May Help Accelerate Cryptocurrency Investment"

Richard Teng, CEO of Binance, stated on the 8th (local time) regarding the U.S. tariff measures that "an unstable and unpredictable macro environment could potentially accelerate cryptocurrency investment." He mentioned on X (formerly Twitter) that "the resurgence of protectionism is bringing significant volatility to global markets," adding that "cryptocurrencies are no exception." He continued, "This kind of macro uncertainty tends to induce risk-averse behavior in the short term," explaining that "investors will take a wait-and-see approach to how the situation surrounding policy and trade unfolds." Furthermore, he emphasized, "However, at the same time, this environment could accelerate interest in cryptocurrencies as a non-sovereign store of value," and "many long-term holders predict that cryptocurrencies like Bitcoin (BTC) will show resilience during periods when economic stress and policy changes interact."