Why did Binance convert all its SAFU funds into USDC?
To ensure “reliability and stability,” Binance has converted all of its BTC and BNB insurance funds to USDC. What does this mean?

To ensure “reliability and stability,” Binance has converted all of its BTC and BNB insurance funds to USDC. What does this mean?
Binance US encounters regulatory challenges in Alaska and Florida, facing license suspension and denial. Uncertainty surrounds resolution and impacts on the crypto industry.
Speculation hints at possible early Bitcoin ETF approvals by January 5, 2024, or before January 20. SEC meetings suggest a positive outlook, with trading expected shortly post-approval, potentially affecting Bitcoin's market sentiment and future.
The US SEC and Binance have jointly submitted a status report, however the legal proceedings appear to encounter difficulties.
Coinbase is issuing a warning to its customers, advising them to convert their Tether (USDT) stablecoin holdings into USD Coin (USDC).
Binance has announced that it will automatically convert USDC, Pax Dollar (USDP), and TrueUSD (TUSD) to Binance USD (BUSD); this feature will come into effect from Sep 29.
The potential easing of macro stress is not offering Bitcoin a respite as BTC price action returns to fresh ten-month lows.
Ripple CEO Garlington claimed a “significant victory” in the dismissal of the SEC motion, but remained silent on the ruling of his own motion.
Smart contracts will automatically allocate part of the transaction fees on the Algorand blockchain to purchase carbon credits on ClimateTrade, a carbon offset marketplace.
The smart contract will automatically allocate part of the Algorand blockchain’s transaction fees to purchase carbon credits at the carbon offset marketplace ClimateTrade.