Binance CEO: Fidelity, BlackRock, ChinaAMC, and even JPMorgan Chase have transitioned from cryptocurrency skeptics to believers

Odaily Planet Daily News: Payment giant Mastercard officially released the Q&A content between its Vice President Ben Fox Rubin and Binance CEO Richard Teng recently. Richard Teng stated that cryptocurrency is very neutral and exists to address the pain point of financial inclusion. In recent years, many countries have experienced hyperinflation, and holding stablecoins as a means of wealth storage is much better. Holding Bitcoin has performed better than all asset classes in the past few years, and institutional adoption is playing a role. Fidelity, BlackRock, ChinaAMC, and even Morgan Stanley have all turned from cryptocurrency skeptics to believers and provide cryptocurrency products.