TechFlow news — Binance founder Changpeng Zhao tweeted, "To accommodate recent price volatility, Binance has replenished the Secure Asset Fund for Users (SAFU) to a value of $1 billion again, with approximately $700 million in BUSD and BNB addresses, and around $300 million in BTC address."
The Secure Asset Fund for Users (SAFU), established by Binance in July 2018, is an emergency insurance fund designed to safeguard user funds. At its inception, Binance committed to allocating a portion of trading fees to grow the fund to a significant size to protect users. Source link
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