**Binance Launches $400M “Together Initiative” to Rebuild Confidence**
On **October 14, 2025**, Binance announced the **$400 million “Together Initiative”** to support users and institutions affected by recent market turmoil. The plan aims to stabilize the industry and restore trust after severe volatility shook the global crypto market.
**1. $300 Million User Support (USDC):**
Eligible users who faced **forced liquidations** between **Oct 10–11, 2025** can receive **$4–6,000 in USDC**, depending on their losses and overall asset ratios. Distribution will begin within **24 hours** and is expected to finish in **96 hours**.
**2. $100 Million Institutional Fund:**
A **low-interest loan program** will assist institutions and ecosystem partners hit hardest by the downturn. This fund is designed to **ease liquidity stress** and help partners resume stable operations.
Despite challenges and scrutiny, Binance reaffirmed that **users remain its top priority**, emphasizing a commitment to rebuilding confidence across the crypto space.
