Binance bets on becoming a crypto 'super app' as stablecoins reshape growth

CoinDesk·

Binance bets on becoming a crypto 'super app' as stablecoins reshape growth

60-second summary

Binance is shifting its focus from trading to payments and financial services, with Shunyet Jan, head of spot trading and derivatives, leading the charge. This move is part of its expansion plan, with the goal of becoming a "super app" in the crypto space.

Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it drives the next phase of its expansion.