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CZ floats Binance.US revival to give U.S. users access to global crypto liquidity

CoinDesk
Binance founder CZ suggested reviving Binance.US to grant U.S. users access to global crypto liquidity and better prices.

Summary

Binance founder Changpeng "CZ" Zhao has proposed reviving Binance.US as a potential avenue to provide American crypto traders with access to superior prices and global liquidity. Zhao stated that the "best liquidity in crypto is outside of the U.S.," and that U.S. users currently lack access to the best prices. He expressed a desire for Binance to offer this liquidity, either through a revitalized Binance.US or another method. This comes after Zhao's resignation as Binance CEO and subsequent guilty plea to U.S. charges, followed by a prison sentence and presidential pardon. Binance.US is reportedly planning a comeback under CEO Stephen Gregory, aiming to expand into derivatives and prediction markets. Zhao also noted a positive shift in U.S. crypto policies over the past year and a half, suggesting the U.S. is now leading in this area. He further highlighted BNB Chain's potential as an optimal payment rail for automated transactions between AI agents, emphasizing that blockchains are better suited for this than traditional payment methods. Despite limited U.S. exposure for BNB Chain historically, Zhao sees opportunities for growth, particularly with institutional investors.

(Source:CoinDesk)