top of page
  • Blockchain Timeline
    • Apr 18
    • 1 min read

Binance coverts all assets in SAFU emergency fund into USDC

The largest crypto centralised exchange has announced that is converting 100% of it's SAFU emergency insurance fund into USDC.


The Secure Asset Fund for Users (SAFU) was established in 2018 to serve a backstop for customers in “extreme situations”, according to the exchange.


SAFU funds are visible at the following USDC address: 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa.

Comments

bottom of page