CZ spoke at the "Virtual Fireside Chat: CZ" session at the TOKEN2049 conference in Singapore, saying: In my opinion, the key is the OTC channel for legal currency exchange of cryptocurrencies. Everyone's focus is different, and this is the key to how we see the problem. At the beginning of this year, due to the strengthening of regulatory policies, we saw many traditional institutions exit the OTC market. But at the same time, we also saw some new institutions enter the market. This industry already has tens of millions of users.

I think doubling the number of users could bring the total number of users in the industry to one billion. For most banks, if they only provide services for one country, they will have very few users. If they get one billion users, it is already very large for a bank. We can bring tens of millions or even hundreds of millions of users to these traditional financial institutions and benefit greatly from them. Therefore, we see that many traditional financial institutions hope to seize this opportunity.

So I think that although people's attention to the higher-level use cases of cryptocurrencies is very important, in order to attract more people to join cryptocurrencies, we must convert legal currency into cryptocurrencies, and vice versa.