Binance Converts Entire $1 Billion Emergency Fund to USDC for Enhanced Reliability
On Wednesday, April 18, 2024, Binance converted all assets in its Secure Asset Fund for Users (SAFU) into USD Coin (USDC). According to data from Etherscan, over 800 million USDC was transferred from the SAFU wallet address at 2:35 am UTC with a gas fee of $1.88. In a blog ...
