Binance charity donates $3 million in USDT for Venezuela earthquake relief, Richard Teng states

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Hanna Syniavska

9 hours ago

Binance charity donates $3 million in USDT for Venezuela earthquake relief, Richard Teng states — Binance donates $3 million in USDT

Richard Teng, CEO at Binance, announced that Binance's charity arm will donate $3 million in USDT to assist Binance users in Venezuela affected by recent earthquakes.

For a limited time, the company will also waive all peer-to-peer transaction and merchant fees on its platform for users in the impacted areas.

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Teng previously highlighted strong Bitcoin holder growth in emerging markets such as Latin America and APAC, noting regional trends in a recent report. He has also emphasized Binance's focus on regulatory compliance, citing the company's efforts toward securing MiCA licensure in Europe. These initiatives reflect Binance's engagement with users across varied markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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