Binance CEO Sees Macro Instability Boosting Crypto Adoption
Binance CEO Richard Teng believes that increasing global uncertainty and U.S. protectionism could strengthen the case for Bitcoin and other digital assets.In a recent post on X, Teng highlighted how U.S. President Donald Trump’s push for new tariffs signals rising protectionism, causing important market volatility.
crypto markets have not escaped this turbulence. Teng explained, “This macro uncertainty often leads to a risk-off response, where investors move away from volatile assets during economic and political stress.” However, he sees a silver lining. “Over time,this instability could boost interest in crypto as a non-sovereign store of value,” he noted.
Many long-term crypto holders view Bitcoin (BTC) and other digital assets as resilient during policy shifts and economic pressure. Teng’s perspective aligns with other crypto leaders who see the sector’s decentralized nature as a hedge against growing geopolitical and fiscal unpredictability.
Trump’s recent tariffs on “Liberation Day” targeted key U.S. trade partners, imposing levies on imports to gain negotiation leverage.This strategy is consistent with his previous trade policies, using economic pressure for U.S.economic advantage.While short-term sentiment may be cautious, Teng’s outlook remains optimistic for crypto’s future.
