The Secure Asset Fund for Users (SAFU) is an emergency security fund that was created in 2018 to protect Binance users in extreme situations and continues to be an important part of what sets us apart from other exchanges. During these years, we monitored the size of SAFU, maintaining the balance at appropriate levels to safeguard our users. Although it has fluctuated, this level is typically set at $1 billion.

SAFU continues to be an important part of our responsibility to the ecosystem, and we continue to evolve to meet future market conditions. Today, we are moving 100% of SAFU assets to USDC. Using a trusted, audited, and transparent stablecoin for SAFU further increases its reliability and ensures that it remains stable at $1 billion.

SAFU funds are now visible at the following USDC address: 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa.