Binance co-founder Changpeng Zhao stated that he expects cryptocurrency and blockchain technology to become an invisible part of daily life in the coming years. Zhao stated that he aims for the technology to turn into an infrastructure that works in the background, just like the internet, and for users to use it without realizing it.
The prospect of crypto integrating into daily life
Speaking on Scott Melker’s podcast program, Zhao stated that talk about crypto will decrease in the next five years, and instead the technology will be used directly. Reminding that technical concepts were on the agenda in the early years of the Internet, Zhao pointed out that today these details are used without speaking.
“I hope that in five years we won’t be talking about crypto as crypto. Today, we don’t talk about the internet or its technical details, we just use it.”
Zhao emphasized that blockchain technology will continue to be used in different areas such as data storage and new usage scenarios will emerge. Despite this, it seems that the main goal is for technology to cease to be an agenda item and become a natural part of life.
Changpeng Zhao is one of the most recognized names in the crypto industry as one of the founders of Binance. Zhao, who has managed one of the largest crypto exchanges on a global scale for many years, is considered one of the figures who played an important role in the development of the industry.
Corporate expectations and technological transformation
Global adoption of crypto assets is increasing. It is estimated that by 2026, approximately 559 million people worldwide use crypto. Industry representatives assess that the market could be one cycle away from mass adoption.
Different institutions share similarly strong growth expectations. ARK Invest predicts that the digital asset market could reach a size of $28 trillion by 2030. Reeve Collins, one of the co-founders of Tether, stated that all currencies could be converted into stablecoin format in the same period.
Blockchain analysis company Chainalysis calculates that stablecoin transaction volume could reach $1.5 quadrillion by 2035. A survey conducted with banks and asset managers indicates that approximately 10 percent of global aftermarket markets could be realized through stablecoins and tokenized assets in the next five years.
Zhao also thinks that artificial intelligence can accelerate blockchain development. Stating that the code writing speed will increase and artificial intelligence agents will be able to use crypto intensively, Zhao argues that developers should focus on the real benefit of the product rather than issuing their own tokens.
On the other hand, Zhao stated that countries that do not adopt blockchain and artificial intelligence technologies may fall behind in terms of competition. Defining the internet, blockchain and artificial intelligence as the three most important sectors in his lifetime, Zhao stated that missing one of these areas could create a serious disadvantage.
