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April 3, 2025

CZ Pledges 500 BNB to Myanmar and Thailand Victor | usagoldmines.com

In a recent post, CZ announced his plan to donate 500 BNB each to Myanmar and Thailand. But there’s a catch—he wants to do it transparently.

CZ asked if there is an on-chain donation system with a decentralized identity (DID) that could handle the distribution. If not, he said he would rely on Binance to make sure the funds get to the right people.

CZ Pushes for Transparent Blockchain Donations in Thailand & Myanmar

This isn’t the first time CZ has used crypto to support humanitarian efforts. Binance Charity has been involved in several global aid initiatives, including disaster relief and education projects. This time, his focus is on Myanmar and Thailand, two countries that have faced economic struggles and natural disasters.

His question about an on-chain donation system highlights the growing need for transparency in charitable giving. With blockchain technology, every transaction is recorded, allowing donors to see exactly where their money goes. This kind of system could be a game-changer for aid distribution.

CZ’s concern is valid. Traditional donation systems often lack clarity, leaving room for misuse. An on-chain system with DID would ensure that funds reach the intended recipients without middlemen taking a cut. However, if such a system doesn’t exist yet, CZ is prepared to use Binance’s resources to handle the donations.

More About Binance

Zero gas fees on stablecoin transactions are still going strong. Now, users can transfer, withdraw, and bridge FDUSD, USDC, and USDT on BSC and opBNB without paying gas fees, depending on the partner.

This promotion, originally set to end sooner, has now been extended until June 30, making it even easier to move stablecoins across networks without extra costs.

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The post CZ Pledges 500 BNB to Myanmar and Thailand appeared first on Altcoin Buzz.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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