[Binance Report: Emerging Market Users Treat Crypto Platforms as 'Shadow Banks'] According to a report by CoinDesk, Binance's latest research reveals that 77% of its platform users come from emerging markets, where users are utilizing crypto exchanges as alternative financial infrastructure for savings, payments, and investments. The report states that 83% of users who use two or more products simultaneously are from emerging markets. These users have a savings rate approximately twice that of developed markets, with around 36% of emerging market users holding balances above $10 allocating at least half of their assets to stablecoins, compared to a global average of 28%. Citing World Bank data, Binance highlights that approximately 1.3 billion adults worldwide remain unbanked, 4.7 billion lack access to credit, and many depositors in low-income countries earn no interest on their savings. The use of stablecoins in cross-border remittances and savings is increasing, while also raising concerns from the IMF and Moody's regarding monetary sovereignty and financial resilience.