Binance Blockchain Week 2025 opened at present in Dubai with a high-energy tackle from CEO Richard Teng, marking each the UAE’s 54th Nationwide Day and the beginning of one of the crucial carefully watched occasions within the digital-asset calendar.
Teng highlighted the UAE’s agility, innovation and strategic imaginative and prescient as explanation why Binance continues to anchor main international occasions within the area. He mirrored on his private connection to the nation, relationship again a decade to his work in establishing Abu Dhabi International Market as a world monetary middle.
Stablecoins Lead a Report Yr for the Business
Teng devoted an enormous portion of his keynote to the speedy growth of stablecoins, calling them considered one of crypto’s “killer functions.”
He reported that:
- International stablecoin market capitalization surged almost 50% this yr.
- Wallets holding stablecoins additionally rose 50% to succeed in 130 million.
- Each day stablecoin transaction quantity has surpassed Visa, a milestone “unimaginable just some years in the past.”
- Stablecoin cost quantity now exceeds $10 billion every day, underscoring crypto’s evolution into a world monetary infrastructure layer.
Regulatory readability, together with progress within the U.S., has been a serious catalyst for this adoption, Teng famous. He provides that rising markets equivalent to Bhutan, which launched the world’s first nationwide crypto funds system utilizing Binance Pay, as examples of forward-looking digital transformation.
Binance Development, Safety Focus and Institutional Momentum
Teng revealed that Binance now serves near 300 million customers worldwide, whereas Binance Pay retailers have jumped from 12,000 to just about 21 million in a single yr. The platform has processed greater than $272 billion in transactions via Binance Pay alone.
He additionally highlighted deeper institutional participation, pointing to partnerships with companies equivalent to BlackRock and Franklin Templeton as proof of a maturing market.
Person safety stays the corporate’s “central precedence,” Teng mentioned, asserting that Binance prevented virtually $7 billionin potential scams in 2025, safeguarding an estimated 9 million customers.
Teng additionally outlined new AI-driven initiatives geared toward simplifying buying and selling and bettering consumer expertise, and unveiled Binance Junior, a supervised app designed for customers aged 6–17 to be taught digital finance responsibly.
Yi He Appointed Co-CEO, Strengthening Binance Management
In one of many occasion’s most important bulletins, Teng named Binance Co-Founder Yi He as the corporate’s new Co-CEO.
He described Yi He as a “driving drive since day one,” credited for shaping Binance’s tradition, imaginative and prescient, and user-centric strategy. Her appointment, he mentioned, displays the pure evolution of her management and the corporate’s dedication to scaling towards its mission of reaching 1 billion customers.
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Breaking information …
Binance confirms a serious management transfer: Co-founder Yi He has been appointed Co-CEO, sharing the highest position with Richard Teng.— Tanzeel Akhtar (@Tanzeel_Akhtar) December 3, 2025
The opening concluded with Teng welcoming UAE AI Minister H.E. Omar Sultan Al Olama to increase on the nation’s forward-looking digital technique.
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