Binance Don Launch $400M Relief Fund After Stablecoin Depeg

Binance don launch $400 million relief fund to help traders wey suffer from last weekend stablecoin depeg wahala. The Binance relief fund allocate $300 million USDC to pay back retail users wey dem force sell and lose net assets over 30% plus at least $50 loss. Dem go start to pay within 24 hours and finish within 96 hours, the money go land directly for spot accounts. Additional $100 million Institutional Support Program dey give low-interest loans to VIP clients plus ecosystem partners wey dey pressure for liquidity. This move come after one technical mistake wey cause USDe, BNSOL and WBETH depeg, wey cause widespread liquidation. Binance don also add better safeguards like adding redemption prices to index weights, set minimum price levels for USDe, and increase how often dem dey check risk parameters. By this relief initiative, Binance wan rebuild market confidence, stabilize derivatives trading and stop future depeg wahala.