Changpeng Zhao, the founder of Binance and a prominent figure in the cryptocurrency sector, has articulated a visionary perspective on the role of digital assets in navigating a future increasingly influenced by artificial intelligence (AI) and automation. In a recent post on X, Zhao asserted that as AI assumes a larger portion of conventional job functions, blockchain technologies—encompassing cryptocurrency, tokenization, and decentralized finance—will become integral to a revamped global economic framework.
Zhao emphasized that AI is already reshaping various sectors, from customer service to logistics, necessitating new economic infrastructures to facilitate seamless digital transactions, including payments. He anticipates a future where AI agents could engage in transactions autonomously on behalf of users or enterprises, with cryptocurrency serving as the preferred medium of exchange over traditional financial systems such as credit cards.
In a previous address at the WebX event in Tokyo, Zhao elaborated on his forward-thinking views regarding cryptocurrency”s future, linking digital assets with AI advancements and recent shifts in policy. He acknowledged the positive influence of former U.S. President Donald Trump”s pro-cryptocurrency policies, which included the introduction of stablecoin regulations and the Genius Act. However, he expressed disapproval of central bank digital currencies, arguing that they do not align with the decentralized ethos of cryptocurrency.
Zhao cautioned that the adoption of innovative technologies is vital for maintaining a competitive advantage on the global stage. He confidently stated that cryptocurrency would emerge as the dominant means of value exchange in an AI-driven economy, overshadowing traditional banking and payment methods. According to him, the APIs of blockchains are better suited for integration with AI-enhanced economic activities compared to conventional banks.
Since his departure from Binance, Zhao has remained committed to enhancing the cryptocurrency landscape. Reports indicate that he is advising over twelve governments on effective strategies for cryptocurrency regulation and adoption. Additionally, through his investment firm, EZ Labs, he aims to mentor emerging startup founders and support early-stage projects, underscoring the importance of ethical practices and sustainable value creation.
As Zhao continues to advocate for the crypto sector, he emphasizes his desire to see AI agents that utilize tokens with genuine utility. He raised concerns about the proliferation of tokens lacking practical applications, stating, “Today there are so many different AI agents with a token, but agents don”t have a utility. I want to see real agents with real utility that can really help you with tokens.”
Moreover, Zhao warned that the integration of AI would significantly transform the user experience in the cryptocurrency space, affecting areas such as customer support, application interfaces, and risk assessment. He stressed that the impending changes could redefine the entire crypto industry, which may have to pivot towards AI to harness its advantages effectively.
