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Learning & News => News related to Crypto => Topic started by: newshunter on March 19, 2023, 07:00:30 PM

Title: Binance replaces BUSD in SAFU fund with TUSD and USDT
Post by: newshunter on March 19, 2023, 07:00:30 PM

Binance replaces BUSD in SAFU fund with TUSD and USDT

Binance assured users that the change would not impact them in any way and that their funds would continue to be held in publicly verifiable addresses.

Source: Binance replaces BUSD in SAFU fund with TUSD and USDT (https://cointelegraph.com/news/binance-replaces-busd-in-safu-fund-with-tusd-usdt)

Would appreciate your opinion about this

Title: Re: Binance replaces BUSD in SAFU fund with TUSD and USDT
Post by: OpenCEX on March 19, 2023, 08:43:04 PM

Users really don’t care. Stablecoins are pegged to the US dollar anyway. So it doesn’t matter what kind of stablecoin is in SAFU, as long as it has fiat reserves.