Binance users have been reporting via X that they received USDC amounts in their exchange accounts after the crypto platform announced its “Toghether Initiative” – an industry recovery and confidence rebuilding plan.
Binance created this initiative, despite the ongoing FUD against it, following other compensation plans after the crypto industry took its biggest hit in history between October 10-11.
Users Reported Incoming USDC Amounts in Binance Accounts
Multiple Binance users have shared posts on X, revealing that they received various amounts of USDC. For instance, on October 17, someone said that they received 13,800 USDC in their account, following the recent crypto liquidations totalling over $19 billion on October 10-11.
Someone else got $2,800 in his wallet after being liquidated for $11,000 during the recent chaos in the crypto markets.
Binance just dropped $2,800 in my guy’s wallet while he was sleeping
no cap:
He got liquidated for $11k during the chaos
Woke up → $2,800 USDC already sitting there
Didn’t file shit. Didn’t email support. Nothing.@cz_binance and @cz_binance just sent $300M directly to… pic.twitter.com/yzS49rJSqT
— Budhil Vyas (@BudhilVyas) October 15, 2025
Multiple Binance users have received funds in their accounts, even if the amounts were smaller compared to what they lost. Users showed their gratitude after being compensated, saying that this is what Ecosystem and Service mean.
Binance’s “Together Initiative” came despite the fact that in the past month, following the huge crypto liquidations, the exchange has been surrounded by hate and FUD online. Binance has acknowledged its flaws and revealed more compensation plans for users.
Binance’s $400 Million “Together Initiative”
Binance revealed this initiative to help the crypto industry on October 14, amidst intense volatilty which affected users, institutions, and the entire ecosystem.
The exchange highlighted that it faced scrutiny from both within and outside the industry, but this is something that they expected as the leader in the crypto ecosystem.
Binance’s “Together Initiative” included the following:
- $300 million in USDC with distributions between $4 and $6,000 in USDC totaling $300 million to eligible users under conditions revealed by the exchange
- $100 million institutional support program, targeting ecosystem and institutional users severely impacted by the crash
Binance Continues to Support Users, Boosting Trust
After the huge market crash this month, Binance showed support for users who have been affected, despite all the FUD that could be seen online.
While other exchanges blamed each other, Binance released compensation plans and important information regarding the platform and the events that were involved in the crypto disaster.
The biggest crypto exchange in the world continues to show support for the ecosystem and community, showing once again that it’s a user-centric platform. Trust in Binance continues to rise, and this is best mirrored by the surging number of registered users.
As of today, October 21, more than 294,1 million people are registered on the platform.
Regardless of the market conditions, the Binance team continues to build, deliver innovative projects, and support the entire crypto ecosystem.
