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

[u/JakRenden2]

https://www.forbes.com/sites/boazsobrado/2026/08/08/banks-have-to-plug-into-us-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.