A leading exchange platform just announced a new figure—global registered users have surpassed 300 million.

What does this mean? It means that out of every 26 people on Earth, one has registered an account on this platform. The user base is now close to the total population of the United States and larger than the combined populations of Canada, Australia, and South Korea. In the past 14 months, the platform has gained 100 million new users, with an average of more than 230,000 new users per day.

Interestingly, back in 2022 when FTX collapsed, the entire market was saying "centralized exchanges are over." In less than three years, this platform’s user count doubled from 150 million to 300 million. The market’s actions speak louder than any debate.

What are these 300 million people doing? In Vietnam, motorcycle drivers settle their wages in USDT; Argentine housewives use it to hedge against peso depreciation; Nigerian youth earn a living through P2P trading; in the Middle East, large funds involve hundreds of millions of dollars per transaction. Overseas Chinese use it as a cross-border transfer tool—the needs are varied, but all very real.

Some attribute this growth to the "market recovery." But I don't think that's it. It’s more like a structural shift in the way money and value flow globally. When a platform can meet the financial needs of 300 million people, its role goes far beyond that of an "exchange"—it has become a new type of financial infrastructure.

From being chased and blocked by regulators worldwide, to securing $2 billion in institutional funds; from major management shakeups to explosive user growth against the odds—this resilience reflects the global demand for digital financial services. Is the next milestone 500 million or 1 billion? The answer to this question may come sooner than we think.