Binance has recently added five new
fiat currencies for Latin Americans. Recently, Binance had closed its platform for trading. The exchange stopped its operations because of unexpected infrastructure default. Once again in March, Binance crashed due to overload. It is a good move to add more fiat currencies.
Addition of new fiat currencies points to one thing and that is, recognition; it means crypto is getting the attention due for it which is very good in all ways. Supporting of fiat currencies will make it easy for people to understand what crypto is all about since it's now easily accessible to them. I think, crypto adoption might not be taking the shape we thought it will take or happening the way we want but with this developments, it is a good step towards greater heights. Lastly, Binance exchange is through this way, gaining more users, making its exchange the best and proving yet again that it have everything that will make it last long term; crashing due to overload means more users are inbound.