Binance converts industry recovery fund from stabelcoins to BTC, ETH and BNB

Home / Binance converts industry recovery fund from stabelcoins to BTC, ETH and BNB

Changpeng Zhao, head of Binance, announced that amid problems with banks and stabelcoins, the exchange will convert the remainder of its $1 billion industry recovery fund into BTC, BNB and ETH.
Some of the funds will be moved onchain.

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