Binance Begins USDC Distribution After Launching $400M Toget
koinmilyoner
Updated at: 3 hours ago
{"content":"Binance Begins USDC Distribution After Launching $400M Together Initiative
This recovery and confidence strategy was prepared by Binance on October 14.
After the $19 billion crypto meltdown, Binance announced more compensations.
Users have reported receiving USDC in their Binance accounts via X after the crypto platform launched its “Toghether Initiative” to revive the sector and reestablish trust.
Binance launched this program amid FUD, following other compensation schemes after the crypto sector suffered its greatest knock in history between October 10-11.
Binance users reported USDC deposits.
Another person received $2,800 in his wallet after being liquidated for $11,000 amid crypto market volatility.
Binance dumped $2,800 in my guy's wallet as he slept.
Many Binance customers have received monies, even if it was less than what they lost. After being paid, users thanked Ecosystem and Service.
Binance's "Together Initiative" occurred amid internet hostility and FUD after the massive coin liquidations last month. Binance has admitted its mistakes and announced extra customer compensation.
Binance’s $400M “Together Initiative”
On October 14, Binance announced this crypto industry aid amid extreme volatility that hurt consumers, institutions, and the ecosystem.
The exchange said it experienced attention from inside and beyond the sector, but they anticipated this as the crypto ecosystem leader.
The “Together Initiative” from Binance included:
$300 million in USDC with $4–$6,000 payouts to qualifying customers under exchange terms.
$100 million institutional assistance program for crash-affected ecosystem and institutional users
Binance Supports Users, Building Trust
Despite internet FUD, Binance supported impacted individuals after the massive market drop this month.
Binance disclosed compensation plans and critical facts about the platform and the crypto crisis while other exchanges blamed each other.
#Binance #FUD #USDC ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/21/608d660a7e9119262cebea0ee61940f6.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}