Binance CEO Changpeng “CZ” Zhao on Monday said Binance will convert the remaining funds in the Industry Recovery Initiative into Bitcoin (BTC), BNB, and Ethereum (ETH) due to the collapse of crypto-friendly banks and stablecoins depeg events. Amid the bank and stablecoin crisis, Binance CEO “CZ” took to Twitter to announce that Binance is converting The post Breaking: Binance Converting $1 Bln In Industry Recovery Initiative To BTC, ETH, BNB appeared first on CoinGape.
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