Crypto: Binance Coin (BNB) reaches a new historic record at $ 940

This September 13, Binance Coin (BNB) crossed a symbolic CAP by briefly exceeding the market capitalization of the Swiss Bank UBS. Such an event illustrates the rise of cryptos in the face of traditional financial institutions. Changpeng Zhao, co -founder of Binance, immediately reacted, calling banks to “Adopt bnb”. While the crypto reaches a new historic summit, this outing relaunches the debate on the integration of native tokens in banking strategies in the era of decentralized finance.

A new historic summit: BNB exceeds UBS

The native crypto of the BNB Chain has reached a new historic record at 940 dollars thanks to the collaboration with Franklin Templeton.

In the process, its market capitalization culminated at 130.9 billion dollars, briefly exceeding that of UBS (Union Bank of Switzerland), valued at around $ 129 billion.

This symbolic reversal did not fail to react Changpeng Zhao (CZ), founder of Binance and ex-CEO of the platform, which soberly commented on the event on the social network X: “Banks must adopt the BNB”.

Here is important facts to remember around this symbolic crossing:

• The BNB has reached a new historic summit of $ 940 after several days of successive increases;

• BNB capitalization has temporarily exceeded that of UBS, reaching $ 130.9 billion against 129 billion for the Swiss bank;

• UBS is historically one of the largest private banks in the world, with an international presence and a reputation solidly anchored in traditional finance;

• This exceeding, although punctual, remains emblematic of the current dynamics of the crypto market, in particular in a context where active ingredients return to the field in the face of classical institutions.

If the BNB can exceed a bank founded in the XIX in value^th A century, this testifies to a structural change which goes beyond a simple market speculation.

The CZ call: towards a BNB banking adoption?

Beyond market performance, it was CZ's public declaration that caught attention. Far from being harmless, this position takes place in a context where CZ, although the operational direction of Binance, remains an influential player in the sector.

He is currently an advisor for the governments of Pakistan and Kazakhstan on crypto subjects, which gives him a strategic weight, in particular on issues of institutional adoption.

The call for the adoption of the BNB by banks can be interpreted as an attempt to expand the usefulness of the crypto beyond its original ecosystem. While the stablecoins today dominate emerging banking uses linked to blockchain, CZ seems to want to position the BNB as a complete infrastructure, with its governance mechanisms, its BNB Chain, and its integrated use cases.