- Binance appoints Yi He as co-CEO, strengthening leadership alongside Richard Teng.
- The stablecoin market grows 50%, surpassing Visa’s daily transaction volume.
- The new Binance Junior app teaches digital finance safely to users aged 6-17.
Binance has made one of its co-founders, Yi He, a co-CEO alongside Richard Teng. This represents a new beginning for the company as it proceeds with its international growth. A key figure in shaping the marketing and community outreach of Binance is Yi He, who has been with the company since its inception in 2017. The shift follows the company aim to strengthen its management and operations.
CEO Richard Teng spoke during the Binance Blockchain Week in Dubai. He commended the work by Yi He at Binance in reference to her appointment as a natural development. He pointed out that she was behind product development as well as community growth on exchange. Yi He will now combine his leadership with the experience of Teng in the regulated financial markets.
Binance Expands Leadership to Drive Innovation
Before her appointment as the co-CEO, Yi He worked as the Chief Marketing Officer at Binance. She played a key role in expanding the Binance brand and users. In 2017, she co-founded the digital exchange along with Changpeng “CZ” Zhao.
Source: Binance
In late 2023, Zhao resigned as the CEO due to legal problems. When Zhao left, Teng became CEO and introduced a new orientation towards global strategy.
Yi He added that having a co-CEO with Teng will give the company some valuable insights. Teng has an expertise in regulated markets, unlike her profound knowledge of crypto. The aim of this dual leadership model is to make the cryptocurrency giant a stronger player in the industry. They will collaborate to drive innovation and deal with regulatory issues.
Also Read: Binance Wallet to Discontinue ARC-20 Support: A Strategic Shift to Multi-Chain
Richard Teng Highlights UAE’s Role in Exchange Success
Binance Blockchain Week 2025 opened with a speech by Richard Teng. The event took place in Dubai on the UAE’s 54th National Day. Teng highlighted the vision and dynamism of the region as a core of the success of the cryptocurrency giant. He had made the Abu Dhabi Global Market an international financial hub, and he considered his personal association with the UAE.
Teng also made reference to the emergence of stablecoins, which he termed as one of the killer applications of crypto. He disclosed that the global market of stablecoins increased by 50% in 2025. Stablecoin transactions are processed daily more than Visa. The interest of crypto exchange
in stablecoins is in agreement with the company vision to build crypto as a global financial infrastructure.
Teng added that the exchange has almost 300 million users globally. Merchants on Binance Pay have also skyrocketed, with the application increasing from 12,000 to 21 million users in only a year. The platform has handled more than $272 billion worth of transactions. This expansion demonstrates how exchange became more powerful on the international crypto scene.
Teng emphasized that user protection is the priority of exchange. The firm has managed to avoid almost $7 billion in possible scams in 2025. This has secured approximately 9 million users. The crypto exchange
is also investing in AI-based programs to make trading easier and enhance the overall user experience.
To teach younger audiences, exchange created Binance Junior. This is a safe, supervised application that will teach digital finance to users between the ages of 6 and 17.
Also Read: Uniswap Integrates Revolut to Deliver Faster and Cheaper Global Crypto Access
