‘Bitcoin will become the global reserve currency,’ here’s why
The post ‘Bitcoin will become the global reserve currency,’ here’s why appeared on BitcoinEthereumNews.com. Former Binance CEO, Changpeng ‘CZ’ Zhao believes Bitcoin will become the global reserve currency. So far, his statement’s been proven by the rise in companies and nation’s adopting BTC treasuries. Summary Former Binance CEO, Changpeng “CZ” Zhao, said that Bitcoin will become the ‘global reserve currency.’ As of August 2025, there are more than 300 entities worldwide that hold BTC in their balance sheets. On August 29, Changpeng “CZ” Zhao said that Bitcoin (BTC) is well on its way to becoming the global reserve currency. The former Binance CEO observed that more entities, especially from the traditional finance sector, are adding the largest cryptocurrency in the world to their balance sheets than ever before. “So I think we’ve seen this evolution, and it’s great to see that now, with both legacy, well traditional financial industries and nations and countries adopting Bitcoin. Plus, other current cryptocurrencies,” said CZ. “So I believe we’ve come a really long way,” he added. CZ has long been a champion of BTC. When the asset reached a new all-time high on July 14, breaking through the $122,000 threshold, he reminded traders that it was just the start for BTC to reach further heights. “It took three years to reach an ATH of $1,000 again in January 2017. We were excited. Now, that is just a small fraction, less than 1% [of the current Bitcoin value],” said Zhao in his post in July. CZ, who was one of the early adopters of BTC back in 2014, compared the excitement surrounding the July rally to the moment when BTC reached $1,000 back in 2017. His point was later proven a month later when the asset reached its most recent ATH at $124,128. How many entities have started stockpiling Bitcoin? According to data from BTC Treasuries, as many as…
The post ‘Bitcoin will become the global reserve currency,’ here’s why appeared on BitcoinEthereumNews.com.
Former Binance CEO, Changpeng ‘CZ’ Zhao believes Bitcoin will become the global reserve currency. So far, his statement’s been proven by the rise in companies and nation’s adopting BTC treasuries. Summary Former Binance CEO, Changpeng “CZ” Zhao, said that Bitcoin will become the ‘global reserve currency.’ As of August 2025, there are more than 300 entities worldwide that hold BTC in their balance sheets. On August 29, Changpeng “CZ” Zhao said that Bitcoin (BTC) is well on its way to becoming the global reserve currency. The former Binance CEO observed that more entities, especially from the traditional finance sector, are adding the largest cryptocurrency in the world to their balance sheets than ever before. “So I think we’ve seen this evolution, and it’s great to see that now, with both legacy, well traditional financial industries and nations and countries adopting Bitcoin. Plus, other current cryptocurrencies,” said CZ. “So I believe we’ve come a really long way,” he added. CZ has long been a champion of BTC. When the asset reached a new all-time high on July 14, breaking through the $122,000 threshold, he reminded traders that it was just the start for BTC to reach further heights. “It took three years to reach an ATH of $1,000 again in January 2017. We were excited. Now, that is just a small fraction, less than 1% [of the current Bitcoin value],” said Zhao in his post in July. CZ, who was one of the early adopters of BTC back in 2014, compared the excitement surrounding the July rally to the moment when BTC reached $1,000 back in 2017. His point was later proven a month later when the asset reached its most recent ATH at $124,128. How many entities have started stockpiling Bitcoin? According to data from BTC Treasuries, as many as…
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