- Former CEO Changpeng Zhao stated that all transactions can be processed on-chain.
- He mentioned that he does not insist on a specific blockchain and that various blockchains can be used.
- He stated that if only cryptocurrencies are used, more transactions are possible.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Amid reports that Elon Musk, CEO of Tesla and head of the Department of Government Efficiency (D.O.G.E), supports the idea of uploading U.S. Treasury transactions to the blockchain, Changpeng Zhao, former CEO of Binance, stated on the 6th (local time) via X (formerly Twitter) that "if only cryptocurrencies are used, all transactions are on-chain," adding that "it doesn't matter which blockchain is used, and multiple blockchains can be utilized." 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
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