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TechFlow news: Binance announced it will transfer 100% of SAFU's assets into USDC. Using a trusted, audited, and transparent stablecoin for SAFU further enhances its reliability and ensures its stability at $1 billion.
The Secure Asset Fund for Users (SAFU), established in 2018, is an emergency insurance fund designed to protect Binance users under extreme circumstances.
Binance announced it will transfer 100% of SAFU's assets into USDC, using a trusted, audited, and transparent stablecoin to further enhance its reliability and ensure its stability at $1 billion. The Secure Asset Fund for Users (SAFU), established in 2018, is an emergency insurance fund designed to protect Binance users under extreme circumstances.
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