BINANCE REPLACES BUSD IN SAFU FUND WITH TUSD AND USDT
Binance replaces BUSD in SAFU fund with TUSD and USDT. Binance Holds $1B in ERC-20 Stablecoins. Binance founder CZs sentencing date postponed to late April. Binance Coin News. Binance exec leaves Nigeria after authorities drop final charges. Binance CEO Suggests Crypto Exchanges Are Safer Than Keeping Ones Keys. Binance survey finds that hodlers still dominate crypto. Binance looks to the UK for regulation amid US crypto crackdown. Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos' recent decision to stop minting new Binance USD (BUSD), While looking for a replacement for BUSD, Binance moved BUSD assets from its Secure Asset Fund for Users fund into two other stablecoins TUSD and Tether USDT. The crypto exchange made the swap with crypto trust company Paxos can no longer mint new BUSD tokens due to regulatory enforcement action from federal and state regulators., BUSDUSD Binance USD Binance replaces BUSD in SAFU Fund with TUSD USDT Binance assured its users that this change will not impact them in any way, Binance, The SAFU fund s initial holdings included BNB, and BTC. Binance has replaced BUSD in the fund with two other major stablecoins. Since Paxos was instructed to cease minting fresh BUSD by New York state officials. While looking for a replacement for BUSD, Binance announced today that it would swap the BUSD in its SAFU for USDT and TUSD. The move comes as the market cap of BUSD continues to fall after New York regulators banned the stablecoin's issuer from minting more., Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether BITSTAMP:USDTUSD. The move comes in response to Paxos recent move to stop minting new BUSD, 加密货币交易所 Binance 于 3 月 17 日宣布 已取代 Binance USD B美元1.00 美元. 用 TrueUSD (TUSD) 和 Tether 持有其用户安全资产基金 (SAFU). 此举是为了回应 Paxos 最近停止铸造新 BUSD 的举动,这导致该资产的市值下降。, Related Posts DePIN Project Mawari Launches Vtubexr Platform, Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT)., Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether. The move, which has led to the asset, Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with, leading to a decrease in BUSD's market capitalization over time., this swap will make sure that assets in SAFU continue to safeguard users over the long term., one of the world s largest cryptocurrency exchanges, announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT)., Binance swapped BUSD for USDT and TUSD in its Secure Asset Fund for Users as Paxos honors 7.9 billion in BUSD redemptions. The world s largest exchange said the swap was a proactive move to protect user funds as BUSD s market fall continues to fall. Binance SAFU Holds at Least 1 Billion After BUSD Replacement, 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., Binance Replaces BUSD With Rivals. The Binance exchange has chosen TrueUSD (TUSD) and Tether (USDT) as their preferred option for replacing BUSD. With the BUSD market value steadily declining over time, the Binance exchange settled on TrueUSD (TUSD) and Tether (USDT)., 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., one of the world's largest cryptocurrency exchanges, BUSD, Binance Replaces BUSD with TUSD and USDT in SAFU Fund BUSD Binance BTC BNB tusd, and that their funds will continue to be held in publicly verifiable addresses., [ad_1]Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos recent move to sto, Newer BTC Treasury firms untested in bear market: Caricom Bloc Advances Pilot to Reduce Dollar Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and [ ], announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Pa, Since Paxos announced that it would no longer be minting new BUSD, the Binance exchange settled on TrueUSD (TUSD) and Tether (USDT). This transfer will, the Binance exchange settled on TrueUSD (TUSD) and Tether (USDT). This transfer will ensure that SAFU assets continue to protect customers even as the BUSD market value gradually decreases., Binance has swapped out BUSD holdings in the Secure Asset Fund for Users (SAFU) for TUSD and USDT. This swap is to ensure that assets in SAFU continue to protect users in the long term as the BUSD market capitalization continues to decrease over time..