BINANCE REPLACES BUSD IN SAFU FUND WITH TUSD AND USDT

Binance replaces BUSD in SAFU fund with TUSD and USDT. Binance Labs invests in EigenLayers liquid restaking service Renzo. Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X. Binance follows Circle and drops USDC support on Tron. Binance settles with US government: Timeline of enforcement actions. Binance Report: Bitcoin Decorrelated with Other Cryptos in Q2 2019. Binance Australia offices reportedly searched by local regulator. Binance advertising BTC at London bus stops in advance of UK launch. Binance.US market share drops below 1% amid regulatory lawsuit: Report. [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, 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., While looking for a replacement for BUSD, The SAFU fund s initial holdings included BNB, 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., 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, 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., 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, which has led to the asset, 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 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, 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)., and that their funds will continue to be held in publicly verifiable addresses., 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., Since Paxos announced that it would no longer be minting new BUSD, one of the world s largest cryptocurrency exchanges, the Binance exchange settled on TrueUSD (TUSD) and Tether (USDT). This transfer will, leading to a decrease in BUSD's market capitalization over time., 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, 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 Replaces BUSD with TUSD and USDT in SAFU Fund BUSD Binance BTC BNB tusd, 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 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, BUSD, 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, 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). The move comes in response to Pa, 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 [ ], 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), Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with, 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。, this swap will make sure that assets in SAFU continue to safeguard users over the long term., Related Posts DePIN Project Mawari Launches Vtubexr Platform, the Binance exchange settled on TrueUSD (TUSD) and Tether (USDT)..