Binance Enhances Stability by Shifting SAFU Reserve to USDC

In a strategic financial move, Binance, a leading player in the cryptocurrency market, has declared the conversion of its Secure Asset Fund for Users (SAFU) entirely into USDC, a stablecoin pegged to the US dollar. Originally established in 2018, SAFU serves as an emergency insurance fund designed to offer protection to users under extraordinary circumstances. […]

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