Changpeng Zhao reveals Binance’s fee income is in BTC, minimizing fiat holdings and emphasizing long-term crypto adoption.
Binance founder Changpeng Zhao (CZ) stated on December 13, 2025, that he holds almost no fiat currency and relies on crypto assets for everyday transactions. He disclosed that Binance’s fee income is already denominated in cryptocurrencies like BTC, effectively accumulating Bitcoin for the company.
CZ’s remarks highlight a shift away from traditional fiat systems, suggesting crypto’s growing utility in daily financial activities. He noted that short-term volatility and monetary policy matter less when crypto is used as the benchmark, reinforcing his long-term optimism for digital assets.
The comments underscore Binance’s operational alignment with crypto adoption, though no immediate market reaction was specified.