He Yi: Binance Wallet Accounts for Over 70% of Wallet Transaction Volume, Processing Over $13 Billion Daily

August 25 news, Binance co-founder He Yi stated that Binance Wallet currently accounts for approximately 75% of overall wallet transaction volume, with daily transaction processing exceeding $13 billion. The wallet employs a Multi-Party Computation (MPC) architecture to enhance asset security and account recovery capabilities, and integrates features such as incorrect address protection, alerts for potential malicious contracts, and warnings for high-risk tokens/networks. He Yi noted that the future direction of self-custody development is not only to strengthen security measures but also to make security usage more intuitive at the product design level.