On April 3, Binance co-founder He Yi posted a response to relevant questions on social media, saying:
"Binance has promoted Launchpool's stablecoin, which will check funds regularly and have its own risk control. The Binance team is also looking for FDUSD to try to understand the situation. The earliest (called 1:1 redemption) remarks are only based on logical judgment. BNB has no major players and no insider groups. At that time, many people were asking if Binance Launchpool's FDUSD would be a problem. Customer service Sisi responded casually in a community, but his own judgment cannot represent FDUSD company."
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