""The traditional world is embracing crypto," Zhou, who leads the world's second-largest crypto exchange by trading volume, tells Fortune. "If they don't embrace it, they will be obsolete, especially with crypto wallet adoption growing 20 to 30% each year.""
"Cryptocurrency transactions are "faster and cheaper" than traditional bank transfers, Zhou argues. "If you rely on the existing infrastructure and transfer via SWIFT, it's just too slow.""
"Crypto is going to be the "main driving force" behind traditional financial instruments like stocks and credit-default swaps within the next decade, Zhou argues. "Accessibility, connectivity and unification is really the beauty of this technology.""
Ben Zhou founded Bybit in 2018 and later led the world's second-largest crypto exchange by trading volume. Digital assets have become mainstream as governments and traditional financial institutions warm to cryptocurrencies, highlighted by the U.S. passage of the GENIUS Act. Crypto wallet adoption is growing roughly 20–30% annually, and stablecoins are increasingly regulated and used for remittances and payments. In 2025, over $18 trillion in transactions were settled in stablecoins, surpassing Visa and Mastercard totals, according to Delphi Digital. Cryptocurrency transactions offer faster, cheaper settlement than SWIFT-based bank transfers, and banks and payment networks are integrating tokenized assets and crypto-linked payment cards.
Read at Fortune
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