Key Takeaways:
- CZ pledged 500 BNB each to Thailand and Myanmar after a 7.7 magnitude earthquake caused severe destruction and casualties.
- Donations will be distributed either via a transparent on-chain system or through Binance and Binance Thailand.
- The earthquake has led to at least 144 deaths and over 700 injuries, prompting Myanmar’s junta to seek international aid.
Binance co-founder Changpeng “CZ” Zhao has pledged 500 BNB (Binance Coin) each to Thailand and Myanmar in response to a devastating 7.7 magnitude earthquake that struck both countries on March 28.
The quake, with its epicenter near Mandalay, Myanmar’s second-largest city, caused significant destruction, including building collapses, widespread flooding, and at least 144 confirmed deaths.
I will donate 500 BNB each to Myanmar and Thailand.
— CZ 🔶 BNB (@cz_binance) March 28, 2025
Is there a transparent on-chain donation system with DID? If not, I will rely on @Binance and @Binance_TH_ to distribute.
Over 700 people have been reported injured, with rescue teams continuing to search for survivors.
Zhao announced the donation via X, expressing concern for those affected and stating that the funds would be distributed through a transparent on-chain system if available.
Otherwise, Binance and Binance Thailand will manage the distribution.
Myanmar’s junta leader, Min Aung Hlaing, has issued a call for international aid to support relief operations.
Zhao’s donation highlights the growing role of cryptocurrency and blockchain platforms in enabling swift, transparent humanitarian assistance during natural disasters.
His message also conveyed hope for the safety of Thailand’s residents amid the ongoing crisis.
The situation remains critical as both nations deal with the aftermath and seek further support.
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