Binance.US CEO talks on crypto as a solution to the United States’ ‘pain points’

• Arguably, the United States of America is one of the biggest hubs for technological advancements. 
• The country has seen many companies take over the world such as Amazon and some of the biggest social networks such as Twitter and Facebook.

Arguably, the United States of America is one of the biggest hubs for technological advancements. The country has seen many companies take over the world such as Amazon and some of the biggest social networks such as Twitter and Facebook.

One of the many things that the US holds dear is the constant string of innovation that is going on in every corner of the country. Despite this, crypto and blockchain has always been something that the United States isn’t 100% sure of. With the adoption of crypto being something that is slowly but surely happening across the world and specifically in the United States, there is one reason as to why the global adoption of the leading crypto coin has spikes in recent times. At least that’s according to the CEO of Binance.US, Catherine Coley.

“One of the reasons why we have seen such better global adoption was that the pain points that Bitcoin resolved.”

Speaking on David Schwartz’s podcast, Catherine explained that solving prevalent issues contributed to Cryptocurrencies such as BTC, ETH, and XRP gaining more adoption outside. Furthermore, she went on to say that the issues which have been very visible in other nations don’t seem to be an issue in the United States. A good example of this was remittance.

Further speaking on the Chief Technical Officer of ripples podcast, she went on to say that aside from solving issues such as remittance in other countries, cryptocurrency has been working as an economic solution to the things that threaten globalisation. By recognising the novelty of crypto and its technology, the CEO remains hopeful about bringing in a new generation you could change things over time.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!