Binance Wallet accounts for 75% of wallet transaction volume, He Yi says

Binance Wallet accounts for about 75% of overall wallet transaction volume and processes more than $13 billion in transactions each day, He Yi said. The wallet uses a multi-party computation architecture, which distributes security operations to help protect assets and improve account recovery. Its safeguards include incorrect-address protection, alerts for potentially malicious smart contracts (self-executing blockchain code), and warnings about high-risk tokens and networks. He Yi said the future of self-custody (holding assets without an intermediary) will involve not only stronger security but also product designs that make safe use more intuitive.

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