Binance CEO: Fidelity, BlackRock, Charles Schwab and even JPMorgan Chase have gone from crypto skeptics to believers

Odaily News Payment giant MasterCard officially released a recent Q&A session between its Vice President Ben Fox Rubin and Binance CEO Richard Teng. Richard Teng said that cryptocurrency is very neutral and exists to solve the pain points of financial inclusion. In the past few years, many countries have experienced hyperinflation, and it is much better to hold stablecoins as a means of wealth storage. Holding Bitcoin has outperformed all asset classes in the past few years. Institutional adoption is working. Fidelity, BlackRock, Charles Schwab and even JPMorgan Chase have gone from crypto skeptics to believers and are offering crypto products.