Exchange Competition: Why Did Binance Rush to Launch $HUMA HUMA Spot?
Behind Binance's exclusive launch of $HUMA HUMA on May 26 is a covert battle among three major exchanges. Coinbase missed the opportunity due to compliance hesitations, while Bybit offered zero coin fees plus a million dollars in liquidity support. The core of the exchanges' competition is Huma's incremental users: 83% of its 49,000 enterprise clients have never been exposed to cryptocurrency. Binance's merchant solutions head revealed: "These users have an average single deposit exceeding $20,000, which is ten times the value of retail traders."
Digital currencies require long-term liquidity to be considered useful currency.
