According to BlockBeats, Trust Wallet CEO Eowyn Chen talked about the Web3 wallet in cooperation with Binance and the empowerment of TWT at the BlockBeats official Space event and said:

Unlike on-chain users, users of centralized trading platforms will focus on ensuring the security of their assets. Similarly, in cooperation with Binance, compliance also requires a relatively complicated and strict process. Trust Wallet and Binance have had very close cooperation and communication this time.

Whether it is a Web3 company or a Web2 company, they all need to know where the value they create is. Once the value created for users can be quantified, it will be reflected in TWT. At present, the empowerment and monetization methods corresponding to wallet tokens are still under discussion and are relatively early. Trust Wallet’s goal is to explore a better business model to better empower TWT and use the advantages of tokens to increase user interaction. In the future, we will continue to try to propose various solutions to empower TWT.