Binance believes its next phase of growth will come from payments and financial services, rather than cryptocurrency trading alone, as stablecoins reshape how people use digital assets, according to Shunyet Jan, the exchange’s head of spot trading and derivatives.
In an interview with CoinDesk on Binance’s ninth anniversary, Jan outlined the strategy of Binance and shared a glimpse of the platform’s future priorities.
“We’re not trying to be just a crypto exchange, but to be a super app that involves payment,” Jan said. “If you think of us as a payment provider, that number becomes much larger.”
Jan said Binance’s new strategy reflects how people are increasingly using cryptocurrencies beyond trading. While trading remains the core of Binance’s business, he said stablecoins are increasingly being used for payments and transfers, creating a larger market than trading alone.
“I don’t think it’s really evened out,” Jan said. “What has happened is that a lot of it is driven by stablecoin usage.”
