🚀Binance, the world's largest crypto exchange, is converting its Secure Asset Fund for Users (SAFU) into Circle's stablecoin, USD Coin (USDC), now making up 3% of USDC's circulating supply. This move boosts SAFU's reliability, ensuring it remains stable at $1 billion.💰 SAFU, an emergency insurance fund, protects Binance users from unforeseen losses. The conversion involved an 800 million USDC transaction, a transfer of 1.36 million BNB, and a 16,277 BTC transfer. This is the second conversion in just over a year. Thoughts on this move?🤔 #Binance #USDC #SAFU