EVERY YEAR OVER $1 BILLION USDT LOST DUE TO THIS

The crypto industry faces a growing problem - over $1 billion in digital assets are lost every year when holders pass away without proper inheritance plans. Recognizing this issue, Binance founder CZ has proposed practical solutions including built-in "will features" that let users designate beneficiaries and emergency contacts who can access accounts after prolonged inactivity. While this addresses a critical need, concerns remain about potential fraud, whether minors should inherit crypto, and possible platform abuse of such systems. Binance has already implemented inheritance tools for major cryptocurrencies like Bitcoin and Ethereum, setting an important precedent for the industry. As more wealth moves into digital form, these solutions highlight crypto's evolution from speculative asset to long-term store of value requiring proper estate planning - without which billions risk being lost forever.

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