Binance's headquarters is in Dubai, and Binance's market shopping mainly revolves around gift cards and other virtual recharge cards. Physical goods are difficult to achieve due to shipping costs, tariffs, and other reasons.
If domestic compliance is opened up, Binance has the opportunity to create a crypto payment + local life/e-commerce ecosystem, just like certain treasure, certain group, certain east, certain more, and certain drop, with the difference being payments made using stablecoins such as U, for shopping, travel, dining, and other consumption.
1. Connect with regulatory authorities and apply for licenses
2. Build underlying payment technology
3. Assemble core team and prepare for collaboration
4. Merchant integration
5. Closed user testing, can test existing Binance users
6. Brand promotion
7. Full opening and promotion
8. User growth and operational management
9. Data statistics and analysis
In this way, won't it be possible to quickly grow from 300 million users to 1 billion users? @CZ , @Yi He . Apologies for showing off.
