Binance CEO Changpeng Zhao (CZ) expressed his belief that the cryptocurrency exchange is playing a significant role in creating a positive impact on the lives of countless individuals. CZ made this statement during a fireside chat at Fintech Forward 2023, an event that convened global and regional fintech companies and experts to discuss the latest developments in the fintech field.

During his participation in the event, CZ emphasized that he finds inspiration in the idea that both he and his company are striving to make a meaningful difference in the lives of others. According to the CEO of Binance, everyone bears a responsibility to make the greatest possible contribution to global progress, regardless of their individual capabilities.

CZ contends that individuals with greater abilities should naturally aim to make more substantial contributions to advancing the world, while those with fewer capabilities should also take it upon themselves to fulfill their part in this endeavor. He firmly believes that every individual has something valuable to offer to society, with the potential to enhance the quality of people's lives.

Zhao pointed out that Binance is fortunate to be in a position where it can positively impact the lives of hundreds of millions of people worldwide. He expressed his aspiration for the company to continue growing and expanding its reach, ultimately extending its positive influence to billions of individuals. In his view, this represents a significant and meaningful contribution, and Binance need not necessarily be the largest entity globally to make a substantial impact.

Founded by CZ in July 2017 and originally established in China, Binance has evolved into one of the foremost cryptocurrency exchanges globally. The exchange has expanded its operations to various regions around the world. According to multiple reports, Binance currently holds the distinction of being the world's largest exchange by trading volume, with a daily trading volume of nearly $5 trillion at the time of this writing.