Since Paxos introduced that it might not be minting new BUSD, Binance has swapped out BUSD holdings within the Safe Asset Fund for Customers (SAFU) for TUSD and USDT. This swap is to make sure that belongings in SAFU proceed to guard customers in the long run because the BUSD market capitalization continues to lower over time.
This alteration can be of no impacton customers, and these funds will proceed to be on publicly verifiable addresses. BUSD will proceed to be supported on Binance. The SAFU fund can be noticed carefully to make sure that it’s sufficiently capitalized, and topped up periodically, as mandatory, utilizing Binance’s personal funds.
Checklist of SAFU Pockets Addresses:
- BNB and USDT (BEP20): 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa
- TUSD (ERC20): 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa
For Extra Data:
- Safe Asset Fund for Customers (SAFU)
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