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Zhao Changpeng: Stablecoins are better than central bank digital currencies, and central bank digital currencies are outdated

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2025-08-25 02:05:01
According to a report by Golden Finance Live, at the WeX2025 conference held in Japan on August 25, Zhao Changpeng, founder of Binance, said that there are obvious differences between stablecoins and central bank digital currencies. Stablecoins have practical support and allow more transactions to be carried out, which allows them to gain higher market acceptance. The central bank digital currency is currently in a state of almost zero adoption. As early as 2013 and 2014, many countries tried it, because its lack of attractiveness gradually became obsolete.
In addition, Zhao Changpeng mentioned that China's attitude towards stablecoin-related fields has changed, from strict control in the past to openness, and Hong Kong has been active in stablecoins.
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