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'Banks Have To Plug Into Us'—Ex-Binance CFO Eyeing $685 Billion Market

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by COINS NEWS 24 Views

'Banks Have To Plug Into Us'β€”Ex-Binance CFO Eyeing $685 Billion Market

Wei Zhou, CEO of regulated crypto exchange Coins.ph, states banks rely on them for stablecoin liquidity, with their $100M daily USDT/USDC to peso trading largely bypassing traditional banking. He identifies capital access and cost as key emerging market hurdles.

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