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Richard Teng, CEO at Binance, highlights the growth of Binance Pay. Since 2021, Binance Pay has processed more than $280 billion and is set to launch QR payments in over ten countries by the third quarter of 2026.
The service aims to support businesses through seamless scan-and-pay solutions.
Teng has previously addressed security measures, warning that API keys can grant full account access if not properly secured. He has also described how TriFi combines TradFi, CeFi, and DeFi to create seamless financial infrastructure. His recent comments on Binance Pay follow ongoing efforts to expand the platform’s technology and user reach.