Binance Responds to FDUSD Volatility, Emphasizing Risk Management Amidst Market Uncertainty

Binance is taking a proactive approach to address the recent volatility of FDUSD, acknowledging the impact on risk management practices. They are implementing stringent checks and controls to ensure stability amid market fluctuations triggered by unexpected events like those associated with Justin Sun’s tweets. Binance’s CEO, He Yi, has highlighted their commitment to robust risk management strategies during this volatile period.