How Binance built Web3 infrastructure used by more than 300 million registered users

The digital-asset ecosystem has expanded beyond early use cases centered on trading. As more people and businesses engage with digital assets, expectations have shifted towards security, accessibility, and practical financial functionality, including payments, custody, and on-chain participation.

This shift is visible in adoption data. According to the 2025 Chainalysis Global Crypto Adoption1 Index, several regions with high adoption are using blockchain technology for use cases such as remittances, cross-border payments, and wealth preservation.

The shift from speculation to foundation

According to Binance’s 2025 end-of-year report2, Binance reached more than 300 million registered users globally in 2025. As participation broadened, user needs increasingly extended beyond spot trading to include storage, transfers, payments, and access to on-chain applications.

In response, Binance expanded its product suite to support a wider set of user journeys in a single environment, including trading, custody features, payments, and Web3 access tools, subject to local availability and eligibility.

Building the plumbing of Web3

According to Binance’s 2025 end-of-year report, the exchange reported $34 trillion in trading volume in 2025 and $145 trillion in cumulative trading volume. The platform also reported support for nearly 500 spot assets and thousands of trading pairs, aiming to provide liquidity and execution during periods of higher volatility.

Beyond trading, Binance reported* continued investment in areas including proof of reserves, custody-related capabilities, and payment rails, designed to support users who want to move between on-chain and off-chain activity.

Binance also supports the BNB Chain ecosystem, which is used for applications across DeFi, stablecoin transfers, and tokenised real-world assets. In 2025, BNB Chain3 processed approximately 40% of all global stablecoin transactions* and accounts for roughly 25% of active stablecoin wallets worldwide, outpacing other major blockchain networks like Ethereum and Solana.

In addition, Binance’s Web3 discovery platform*, Binance Alpha 2.0, onboarded 17 million users in 2025 and facilitated over $1 trillion in trading volume. This integration enables users to participate in decentralised finance projects, airdrops, and token launches directly within the Binance interface.

As Yi He, Co-CEO of Binance, notes, "With Binance Alpha 2.0, a new era of Web3 discovery emerged directly inside the Binance experience. Users could access airdrops and participate in on-chain launches while still enjoying the speed, reliability, and UX of a centralised platform. At various points, Alpha’s activity rivalled or exceeded the daily volumes of major centralised exchanges."

Security as a growth driver

As regulatory frameworks evolve, compliance and operational controls have become central to scaling digital-asset services responsibly.

According to Binance’s 2025 end-of-year report, Binance’s proof of reserves covered 45 assets and verified more than $160 billion in user balances. Binance also reported using a mix of security controls, monitoring, and user-protection measures to detect and disrupt suspected fraud in 2025. In 2025, the platform’s risk controls helped prevent an estimated $6.69 billion in potential fraud- and scam-related losses, protecting 5.4 million users. Binance also reported processing more than 71,000 law-enforcement requests, supporting partner-led confiscations of approximately $131 million linked to illicit activity, and delivering more than 160 law-enforcement training sessions.

The foundation of any financial system is trust. As highlighted in the PwC Global Crypto Regulation Report4, robust compliance frameworks and regulations are actively reshaping the landscape, enabling digital assets to become the architecture that allows financial systems to scale responsibly. Binance holds operating licenses across 20 jurisdictions, including full accreditation from Abu Dhabi Global Market’s FSRA. Richard Teng, Co-CEO of Binance, said: “The ADGM license crowns years of work to meet some of the world’s most demanding regulatory standards, and arriving within days of the moment we crossed 300 million registered users shows that scale and trust need not be in tension.”

Binance also reported holding 29 independent certifications, including ISO 27001 and PCI DSS.

Institutional growth

Binance has seen strong institutional adoption, with institutional trading volume increasing 21% in 2025, and over-the-counter (OTC) fiat trading grew 210% year-over-year. Binance attributed this to demand for operational certainty, liquidity, and controls that support larger trade sizes and more structured execution.

For institutional clients, account structures offered through Fund Accounts, Binance Wealth, and Binance Prestige reflect how capital is organized in traditional finance, with formats that support managed strategies, entity onboarding, and dedicated service models.

On payments, Binance reported that its P2P marketplace supported over 800 payment methods and more than 100 fiat currencies, and that Binance Pay reached 20 million merchants and processed over $280 billion in cumulative transaction volume since launch.

Reaching 300 million registered users is a milestone, but the bigger takeaway is what operating at that scale requires: regulatory oversight, security and resilience programs designed to reduce user harm; stronger data protection and AI governance; and product design that makes it easier for legitimate users to participate while making abuse harder and more costly.

*Trend estimates are based on internal analytical models and proprietary datasets.

*You must be at least 18 years old to access this site
E-mail: pr@binance.com

References:

1. Chainalysis Team. (2025, September 2). The 2025 global crypto adoption index: India and the United States lead cryptocurrency adoption. Chainalysis. https://www.chainalysis.com/blog/2025-global-crypto-adoption-index/
2. Binance. (2026). State of the blockchain 2025 report. Binance Blog. https://www.binance.com/en/blog/ecosystem/7330669344678014164
3. Binance. (n.d.). Crypto markets show increased volatility amid shifting macro trends [Binance Square post]. Binance Square. https://www.binance.com/en-IN/square/post/297890664546754
4. PwC. (2023). PwC global crypto regulation report 2023. https://www.pwc.com/gx/en/new-ventures/cryptocurrency-assets/pwc-global-crypto-regulation-report-2023.pdf

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.


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