Binance Founder CZ Says Every Country Will Need Its Own Stablecoin

Zhao discussed several scenarios for digital finance. Stablecoins could be replaced or merged with central bank digital currencies, he said, depending on how national policies develop. A return to traditional banking as the dominant system was described as the least likely outcome. He cited slow processing times and high costs tied to cross-border remittances under current banking models as reasons a full reversal remains improbable.

Demand for faster, higher-throughput payment systems continues driving innovation, Zhao said. He linked this demand partly to growing activity in artificial intelligence applications requiring rapid transaction processing. Payment infrastructure, in his view, must keep pace with these emerging requirements.

The interview reflects ongoing industry discussion about stablecoin roles within national financial systems. Regulatory engagement, according to Zhao, remains the determining factor in how quickly this adoption unfolds.

Zhao's comments arrive as digital finance infrastructure continues drawing attention from policymakers and founders alike. Some industry observers have argued that stablecoin adoption will eventually become invisible to end users, with the underlying technology simply settling transactions faster than existing rails. Scaramucci Says Crypto Adoption Will Become Invisible