Cover image (via www.freepik.com)
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available.
Revolut, a global neobank and fintech company, has taken a bold move that surprised many, including former Binance CEO Changpeng “CZ” Zhao. CZ shared the important development with his 9.2 million followers in a post on X.
CZ's reaction: surprise and excitement
According to CZ, Revolut, a recognized financial app, listed Binance Coin without prior knowledge.
He expressed his excitement for the development as the listing of Binance Coin will add a new avenue for users around the world to access and trade the coin. This increases the liquidity of the coin, allowing for further adoption and growth.
related
Interestingly, CZ claims he was unaware of this listing. This means that Binance's leadership remains decentralized and independent from the previous CEO's leadership. It also suggests organic adoption of BNB due to its usefulness and potential demand from Revolut users.
Overall, CZ seems genuinely excited about the growth his company is experiencing, even if he can't lead Binance again.
Just learned: Revolut is now on the list $BNB.
Again, I didn't know that until a few minutes ago. The community is growing. 😆
— CZ 🔶 BNB (@cz_binance) December 20, 2024
Some users of X reacted to the post and even enlightened CZ about other features of the Revolut app. One of the users, Guilherme Lage (@ItsEasypop), told CZ that users can purchase cryptocurrencies using Revolut Pay on Binance.
CZ replied, “I didn't know that either.”
Revolut’s growing crypto ecosystem
This initiative and development highlights the positive growth of Binance and Revolut in the cryptocurrency space.
Interestingly, Revolut dropped hints of plans to launch its own USD-backed stablecoin in September. The digital investment bank says its aim is to meet the growing demand for stable digital assets.
related
Market players are hoping that Binance Coin's listing on Revolut will be long-term, as the company has previously shocked users.
In particular, in mid-2023, Revolut announced the end of service support for Cardano, Solana, and Polygon. The move at the time affected US users
