Binance replaces BUSD in SAFU Fund with TUSD & USDT
Binance assured its users that this change will not impact them in any way, and that their funds will continue to be held in publicly verifiable addresses.
Binance converts its BUSD in SAFU funds to other stablecoins
Binance – the world’s largest cryptocurrency exchange – announced that it has converted the BUSD stablecoin it its SAFU fund. The Secure Asset Fund for Users (SAFU) was launched by…
Binance removes BUSD from SAFU fund — adds TUSD, USDT
Binance will no longer hold BUSD in its Secure Asset Fund for Users (SAFU) and has swapped the stablecoin for ERC-20 TUSD and BEP-20 USDT, according to a March 17…
Binance Swapped BUSD In $1 Billion SAFU Fund For TUSD And USDT Stablecoins
Binance moved BUSD from its SAFU insurance fund into USDT and TUSD since Paxos cannot mint new BUSD coins.
Binance Ditches BUSD To Adopt Rival Stablecoins For “Safu Fund”; BUSD’s Reign Coming To An End?
Binance News: Back on January 29, 2022, Binance unveiled the “Secure Asset Fund for Users (SAFU), which is an emergency insurance fund valued at $1 billion to safeguard its users…
Binance BUSD Stablecoin Trading Suspended by Coinbase Over Liquidity Concerns – What’s Going On?
Coinbase has proceeded with the planned suspension of Binance USD (BUSD) trading, disabling trading for the stablecoin starting Monday.
Coinbase Suspends BUSD Trading over Liquidity Concerns
Coinbase also noted that users will be able to withdraw their existing BUSD assets whenever they choose.
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time.
Binance to convert $1B BUSD recovery funds to ‘native crypto’
Binance crypto exchange has announced that it will convert $1 billion in Binance USD (BUSD) to Bitcoin (BTC), ether (ETH), BNB coin (BNB), and other tokens to help the market.
Top 3 Stablecoins to Buy instead of USDC
It is a good idea to look for other stablecoin alternatives now that USDC crashed. Here are our top 3 stablecoins to buy instead of USDC.
