Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data. In an April 18 statement, Binance confirmed transferring 100% of SAFU’s assets to the USDC stablecoin. According to the firm, its “use of a trusted, audited, and transparent stablecoin for SAFU further […]
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Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India