Binance sold more than 16276 Bitcoins and converted all BNB, USDT, TUSD in the SAFU insurance fund to 1 billion USDC.

According to Binance, it must be a trustworthy stablecoin like USDC, audited and transparent to be safe enough and maintain long-term stability.

Binance has always been very supportive of USDT, and created a stablecoin war between USDT and USDC with Coinbase in 2022 and 2023.

Why are you turning around to support USDC now? Is USDT not safe enough, or is something bad about to happen to USDT so Binance is one step ahead 👀