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Binance has launched a $400 million rescue plan to help stabilize the crypto market and rebuild investor confidence. The initiative includes a strong relief and liquidity campaign aimed at supporting both retail and institutional investors after recent heavy sell-offs. Through this move, Binance hopes to restore trust and bring much-needed stability to the digital asset market.

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On October 14, Binance introduced the “Together Initiative,” a $400 million recovery effort designed to revive sentiment in the struggling crypto market. The program highlights Binance’s commitment to market stability through liquidity enhancement, strategic funding, and direct assistance to affected institutions and retail participants.

“Today, Binance has officially launched the ‘Together Initiative,’” the company announced, highlighting its commitment to user protection and the long-term recovery of the crypto industry. As part of this initiative, Binance has pledged to establish a large-scale user relief fund aimed at supporting traders and projects impacted by recent market turbulence. The exchange further detailed that the program will focus on restoring liquidity, assisting affected platforms, and strengthening overall market stability through transparent and coordinated financial support.

Binance will distribute between $4 and $6,000 in USDC, totaling $300 million in USDC, to eligible users.

To be eligible for assistance under the program, users must have suffered forced liquidation losses of more than $50 and lost at least 30% of their total net assets between October 10 and October 11, according to an asset snapshot taken on October 9. These criteria are designed to ensure that relief funds go to users most affected by the recent market crash.

For ecosystem and institutional users severely impacted by this market fluctuation, Binance will establish a $100 million low-interest loan fund to help them restart their trading.

Binance clarified that while it “does not accept liability for users’ losses,” the exchange considers this initiative a crucial step toward rebuilding user trust and strengthening the resilience of the crypto economy in the long run. The company noted that such proactive measures are vital for restoring confidence and ensuring the sustainable growth of the broader digital asset ecosystem.

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