Binance Unveils $400 Million ‘Together Initiative’ to Bolster User Confidence

In a move aimed at restoring trust and stability in the cryptocurrency industry, Binance has launched a $400 million program called the ‘Together Initiative’. This initiative addresses both retail and institutional user concerns following recent market volatility. It will provide direct payouts of up to $6,000 in USDC to impacted users and offer a $100 million loan fund for institutions facing liquidity challenges. !