Binance converts BUSD in the user security asset fund to TUSD and USDT

According to ChainCatcher news, Binance announced that it has exchanged the BUSD held in the User Security Asset Fund (SAFU) for TUSD and USDT to ensure the long-term protection of users' assets in the SAFU amid the continuous decline of the BUSD market. Binance stated that the SAFU fund will be closely monitored to ensure its capital adequacy and will regularly replenish funds using Binance's own capital when necessary. (Source link)