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  • Blockchain Timeline

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.


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