Binance Replaces BUSD Stablecoin in ‘SAFU’ Fund With TUSD and USDT
Binance introduced the “Secure Asset Fund for Users” (SAFU) on January 29, 2022; the SAFU is a $1 billion emergency insurance fund designed to protect Binance users in the case of a disaster. The SAFU fund’s initial holdings included BNB, BUSD, and BTC. Binance has replaced BUSD in the fund