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Top Crypto Exchange Binance Converts $1,000,000,000 Secure Asset Fund From Bitcoin and BNB to Stablecoin USDC

  • Binance has converted all of the crypto in its $1 billion emergency insurance fund into the stablecoin USDC.
  • The top global crypto exchange established the “Secure Asset Fund for Users’ (SAFU) in 2018 to protect Binance users from “extreme situations”

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