In a recent interview, Richard Teng – the new CEO of Binance – revealed the development strategy for the world's largest cryptocurrency exchange in 2025. This is not just a regular growth plan, but a redesign of how the decentralized finance (DeFi) industry can exist, expand, and legalize on a global scale – especially after a landmark legal victory against the US Securities and Exchange Commission (SEC).
With over 275 million users globally, Binance has become a giant. But according to Teng, this is just the beginning. His vision revolves around three pillars:
Building trust through legal cooperation
Innovating financial products on the blockchain platform
Deeply penetrating emerging markets like Africa, LATAM, and Southeast Asia
1. Legal victory in the US: Binance transforms from "rebel" to "rule maker"
The lawsuit with the SEC was once seen as a potential death sentence for Binance – and more broadly, for the entire crypto industry in the US. But now, with the SEC backing down, Binance not only retains its position but also pivots its strategy towards dialogue and collaboration.
Perspective:
This is a turning point. No longer a game of legal evasion, Binance is using the law itself to create competitive advantages. As the "rebels" begin to write the new rules of the game, traditional competitors must be wary. From here, crypto is no longer outside the system – but is preparing to become a part of it.
2. UAE: Policy sandbox for the future of crypto
If the US is the legal battleground, then the UAE is the "regulatory lab". Richard Teng praises the openness and proactiveness of regulators here – an environment where startups, exchanges, and regulators sit together to shape a new financial ecosystem.
Perspective:
The UAE does not need a large population – they need flexibility. Here, you do not have to wait for new laws to create new products. You are invited to create products, and then the laws will come later to protect them. This is a reversal in governance thinking – where Binance is experimenting with complex products like tokenized securities and real-world assets (RWA).
3. Emerging markets: The last frontier for crypto
Teng is not pursuing the crypto dream in a glass office in Silicon Valley. He looks to places where banking is a privilege, not a basic right. In Africa, LATAM, and Southeast Asia, Binance is investing in financial education, payment infrastructure, and local partnerships.
Perspective:
Crypto is not a speculative game – it is a Plan B for forgotten economies. When a PayPal transaction incurs a 5% fee while a crypto wallet charges 0.1%, who is really serving the people? Binance is laying the foundation for a new financial order, where the disadvantaged are given the tools to save themselves.
4. Binance Alpha: Crypto is not just for "newbies"
Alongside expanding its user base, Binance is targeting professional investors. Binance Alpha – a product suite for high-risk investors – focuses on tokenized traditional financial instruments: stocks, bonds, and even commodities.
Perspective:
TradFi and DeFi are converging. When you can buy Apple shares 24/7 on the blockchain, it's no longer innovation – it's the collapse of traditional trading hours. Binance is building a "24/7 NASDAQ", and that could reshape the entire global financial market.
5. Stablecoin: The missing piece for crypto to enter the real world
According to Teng, stablecoins are the "backbone" of crypto in 2025. They are simple, stable, easy to use – and do not require users to understand the technicalities to access.
Perspective:
Bitcoin may be the symbol. Ethereum may be the platform. But stablecoins are the bridge between DeFi and the general public. They are "USD 2.0" – no need for banks, no geographical limits, yet still maintain reliability. The upcoming battle is not whether stablecoins will survive – but who controls them.
6. Altcoin: Hibernating, not extinct
Although Bitcoin dominates the portfolios of major institutions, Teng still believes in the revival potential of altcoins – especially as real-world use cases like Web3, gaming, AI, and DeFi begin to have clear applications.
Perspective:
Altcoins are at the bottom of the hype cycle, but that's an opportunity. The crypto winter is a natural testing period: coins without clear economic models will die. The remaining projects will be the backbone for the next wave. Binance is serving as the "validator", selecting and laying the groundwork for the next spring.
Conclusion: From a rebellious startup to a global financial platform
Richard Teng's vision for 2025 shows that Binance is no longer just an exchange – but a new financial infrastructure platform. With a strategy of legalization, global expansion, and serving both the general public and professional investors, Binance is positioning itself as the "backbone" of the digital economy.
If crypto was once a fringe revolution, then Binance is paving the way for it to become the "official system". And if they succeed, 2025 may not be the "year of Binance", but the year crypto steps up to become a pillar of the global financial system.
