Yi Lihua: Binance and Tether should invest profits into BTC and ETH to support industry development

Liquid Capital (formerly LD Capital) founder Yi Lihua called on Zhao Changpeng and He Yi to use part of Binance's profits to buy BTC/ETH and other crypto assets.

He stated, "Companies like Tether and Binance operate as industry siphons, earning tens of billions of dollars in profits each year, having succeeded during the early wild growth of the crypto space. Tether, as a non-compliant stablecoin company, has made substantial profits in the crypto space while using those profits to buy gold aggressively. From an investment perspective, it is successful; however, from the standpoint of industry development and respect, it is a failure. In contrast, compliant stablecoins like USD1, which subsidize users through WLFI while continuously purchasing industry assets like ETH, are truly building the industry."

"I hope Zhao Changpeng, if he genuinely believes in the super cycle and He Yi sees the arrival of the Bitcoin era, should use part of Binance's profits to buy BTC/ETH, as this would truly align words with actions, genuinely keep building, and earn more respect. Of course, I also hope other platforms will follow suit; only a bull market in the industry can lead to a better future for everyone, while those large short sellers are the real tumors in the industry."