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 strengthens asset security, shifts $1B SAFU fund entirely to USDC, reflecting proactive risk management amid regulatory changes.
Binance reallocates $1 billion to USDC, enhancing transparency and security, and influencing the broader crypto market.
Yuga Labs reassured the crypto community by saying that the NFTs were safe.
Developers proposed to divert 100% of fees generated on the platform to Sushi’s multisig for one year or until new tokenomics are implemented.
Binance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.
A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance.
The Sushi 2.0 reorganization proposal was published on Sushi's community forum.
Crypto asset management firm Grayscale added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund, following its first quarterly rebalance.