CZ: Crypto penetration is still less than 1% of global wealth Binance founder Changpeng Zhao (CZ) @cz_binance said in an interview with the Talking Tokens Podcast on July 16 that many people believe the crypto market is saturated, but when measured against global wealth, crypto penetration is still less than 1%. The industry is really just getting started. He pointed out that fiat on/off ramps still face significant friction, stablecoins have yet to simultaneously solve issues of yield and free trading, and there are still very few tokenized stocks in the RWA space, mostly concentrated in the U.S. There’s still huge growth potential in the future. Source: Talking Tokens Podcast