Main Takeaways

  • Binance Charity and Binance Philippines by BlockShoals are launching a relief initiative to support communities affected by the June 8, 2026 earthquakes in southern Mindanao.

  • The initiative aims to provide up to 4 million Pesos in financial aid and relief goods to affected families and communities.

  • In partnership with the Philippine Red Cross, the program will combine blockchain-powered financial assistance with the distribution of essential supplies.

Following the devastating earthquakes that struck major areas of southern Mindanao on June 8, 2026, Binance Charity and Binance Philippines by BlockShoals are launching a relief initiative to support affected families and local communities. This initiative aims to provide up to 4 million Pesos worth of financial assistance and relief goods, worth of financial assistance and relief goods to help affected communities meet immediate needs and support their recovery efforts in the days ahead.

Delivering Timely Support Through Blockchain Technology

Building on previous disaster relief efforts in the Philippines, Binance Philippines by BlockShoals will provide emergency financial assistance through blockchain technology, enabling aid to be distributed quickly, transparently, and efficiently.

The initiative follows similar relief efforts conducted in 2025 after the earthquakes that affected Northern Cebu and offshore Davao Oriental, where blockchain-based assistance helped deliver support to impacted communities.

To further strengthen recovery efforts, Binance Philippines by BlockShoals is partnering with the Philippine Red Cross to provide additional assistance, including food and other essential supplies. Through this collaboration, affected families will receive both direct financial support and critical necessities during the recovery period.

Standing with Mindanao During Recovery Efforts

As communities begin the difficult process of recovery and rebuilding, Binance leaders reaffirm the organization's commitment to delivering timely support to those affected.

Richard Teng, Co-CEO of Binance, said “Our thoughts are with everyone affected by the devastating earthquakes in Mindanao. In moments like these, what matters most is ensuring that help reaches those in need quickly and effectively. Binance Charity is mobilizing resources to support affected families and communities, leveraging blockchain technology to deliver aid with speed, transparency, and accountability. We stand in solidarity with the people of Mindanao and remain committed to supporting relief and recovery efforts during this difficult time.”

Yi He, Co-CEO of Binance, added “Behind every disaster are families whose lives have been unexpectedly disrupted, and communities facing the difficult task of rebuilding. While the road ahead may be challenging, we are continually inspired by the resilience and strength that people show in moments like these. We hope this initiative can provide some relief during this difficult time, and we are grateful to the Philippine Red Cross and all those working tirelessly on the ground to support affected communities.”

Final Thoughts

Binance Charity continues to advance its mission of leveraging blockchain technology for social good by delivering aid through fast, transparent, and borderless systems while collaborating with leading humanitarian organizations around the world.

The Mindanao relief initiative builds on Binance Charity's broader global efforts to support communities affected by natural disasters and humanitarian crises, including relief operations across Thailand, Myanmar, Vietnam, Brazil, Spain, Turkey, and Italy.

As recovery efforts continue, Binance Charity and Binance Philippines by BlockShoals remain committed to supporting affected communities and helping families access the assistance they need during this challenging time.

Further Reading

  • Binance Commits $250,000 to Support Frontline Ebola Disease Response in the DRC and Uganda

  • Humans of Binance: How Binance Charity’s Flood Relief Effort in Japan Became a Blueprint For Future Impact

  • Binance Charity has Committed 245,000 USD to Support Communities Affected by Sumatra Floods and Landslides