SAFU
Safu
Binance Converts $100M SAFU Fund to Bitcoin, Updates TradFi Perpetual Specs
Binance shifts emergency fund reserves to BTC and announces TradFi perpetual contract amendments, while revealing $6.69B in scam prevention for 2025.
Safu
Binance Replaces BUSD with TUSD and USDT in SAFU Fund
Cryptocurrency exchange Binance has replaced its Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT) in response to Paxos' move to stop minting new BUSD. SAFU is an emergency insurance fund established by Binance to protect users' funds in case of security breaches or other unforeseen events.