Binance Surpasses 300 Million Registered Users, Announces Leadership Realignment

Binance has officially surpassed 300 million registered users, a milestone announced by Co-CEO Richard Teng during Binance Blockchain Week 2025 in Dubai. This achievement represents a pivotal moment for the world's largest cryptocurrency exchange and signals continued global adoption of digital assets.

The user growth from "nearly 300 million" to over 300 million registered users coincides with significant strategic leadership changes. The exchange confirmed Richard Teng as CEO while appointing Yi He as Co-CEO, emphasizing alignment for continued expansion and a reinforced focus on compliance and security.

In his statements, Teng highlighted how this growth reflects broader industry transformation: "Cross-border money transfer has always been slow and expensive. Today, crypto and stablecoins allow anyone to send value instantly, at a fraction of the cost, without borders or banking hours. That transformation is only beginning." He also stressed that "Security and compliance are central to everything we do. Growing responsibly is the only path to long-term industry success."

The milestone is expected to impact multiple sectors. Increased stablecoin usage and cross-border payments are predicted to see substantial growth as more individuals join the platform. Financially, Binance's expansion may accelerate institutional partnerships, with strategic alliances like those with BlackRock aimed at building institutional-grade digital asset infrastructure.

Yi He emphasized the exchange's commitment to trust and transparency, stating "Transparency and compliance are the keys to rebuilding trust," while reaffirming Binance's "non-profit community-driven essence." The leadership also outlined plans to "build a closed loop from education to application, connecting Giggle Academy with Binance Junior" as part of broader ecosystem development.

Historical trends suggest that Binance's user growth could increase overall market liquidity, potentially benefiting major cryptocurrencies and stablecoins as adoption expands. The exchange's focus on regulatory partnerships and compliance measures aims to position it as the most trusted platform in the industry.