The Secure Asset Fund for Users (SAFU), established by Binance in 2018, acts as a financial safety net for its users during times of extreme market volatility. By converting the entire fund into USDC, Binance aims to provide greater certainty and reliability to its users, especially during turbulent market conditions.

Under the stewardship of CEO Richard Teng, who assumed leadership following significant legal challenges, Binance has undergone a series of strategic transformations.&middot

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