Zhao Changpeng criticized the partial reserve requirement system in Davos speech and predicted a sharp decline in demand for physical banks within ten years

At the 2026 Davos World Economic Forum, Zhao Changpeng stated that technology will not bring risks, but will accelerate the exposure of existing problems, and attributed the root cause of the bank liquidity crisis to the "partial reserve requirement system". He mentioned that Binance processed up to $7 billion in withdrawals in a single day in December 2023 without any pressure. He predicts that with the development of blockchain and KYC technology, the number of physical banking branches will significantly decrease in the next decade. In addition, he holds a reserved attitude towards direct payment with Bitcoin and believes that Meme coin is highly speculative, with most being difficult to sustain and only a few, such as Dogecoin, possibly existing for a long time due to its cultural value.