CZ Bullish on DeFi; Japan Post Eyes Digital Yen
CZ Champions DeFi's Future Amid BNB Chain Anniversary
Binance founder Changpeng Zhao (CZ) highlighted the potential of decentralized finance (DeFi) during BNB Chain's fifth-anniversary celebrations in Tokyo. CZ emphasized the community-driven nature of BNB Chain's success. He stated, "The chain has a small tech team and is much more community-driven... I’m a cheerleader."
- BNB Chain boasts over 4,000 decentralized applications, including PancakeSwap and Aster.
- CZ noted the near doubling of stablecoin usage this year.
- Real-world assets (RWAs) are gaining traction despite regulatory and liquidity hurdles.
CZ envisions DeFi overtaking centralized exchanges, stating, "DEX volumes are very likely to exceed CEX in the future. DeFi is the future. And normal trading should be privacy-preserving." If starting anew, he'd focus on an AI-powered trading agent and a privacy-focused perpetual DEX, acknowledging the vast potential of RWAs and stablecoins despite existing challenges.
Japan a Web3 Hub?
CZ sees Japan poised to lead the next phase of Web3, advocating for a dedicated BNB Chain team in the country to foster projects integrating robotics, AI, and Web3 technologies.
Japan Post Bank's DCJPY Initiative
Japan Post Bank is planning to launch its DCJPY digital currency in fiscal year 2026. This move aims to activate a significant portion of its ¥190 trillion ($1.29 trillion) in deposits by enabling users to convert savings into digital currency for trading blockchain-based assets. This initiative targets revitalizing dormant balances and attracting a younger demographic.
- DCJPY, developed by DeCurret DCP, will be pegged 1:1 to the yen.
- It will be used for purchasing security tokens and NFTs.
The bank anticipates improved trading efficiency through instant settlement of tokenized securities. Government subsidies and grants may also be distributed via DCJPY, further integrating digital currency into everyday transactions.
Boston Consulting Group and Ripple estimate the tokenized RWA market could surge from $600 billion in 2025 to $18.9 trillion by 2033.
These developments suggest Tokyo is becoming a focal point where Web3 ideals and institutional innovation are converging. For entities exploring blockchain security, smart contract deployment, or token launches in the region, platforms like Codeum provide crucial resources for audits and consulting.