According to TechFlow, Binance announced that it has exchanged the BUSD held in the User Security Asset Fund (SAFU) into TUSD and USDT to ensure that the assets in SAFU will protect users in the long term in the event of a continued decline in the BUSD market. Binance said that the SAFU fund will be closely monitored to ensure that it is adequately capitalized and will be regularly replenished with Binance's own funds when necessary. Source link
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Binance: BUSD in the user security asset fund has been converted into TUSD and USDT
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