Crypto is expanding beyond trading into payments and financial infrastructure, Binance co-Chief Executive Officer Richard Teng said, arguing that users are gaining access to a broader range of markets through digital assets. In an Aug. 17 post on X, Teng said stablecoins are increasingly being used as financial infrastructure and that cryptocurrencies are seeing wider use in everyday life. "Innovation matters most when it gives people access to practical, secure and meaningful opportunities," Teng said.