Binance SAFU Insurance Fund Is 44% Backed by Its Own Token BNB
The remainder is made up of Binance’s dollar-pegged stablecoin BUSD ($300 million) and Bitcoin ($270 million).
Binance Launches $1B Industry Recovery Initiative and Plans to Increase It to $2B
Binance has already received around 150 applications from companies seeking support under the IRI.
