Binance has transferred $1 billion from its Secure Asset Fund for Users (SAFU) to USD Coin (USDC), the stablecoin created by Circle. This means that the fund now accounts for about 3% of the stablecoin's total supply that is in circulation.
Read MoreOver the previous three weeks, the major stablecoins' supply appears to have been acquired by whale entities, according to on-chain data, at a rate of approximately 5%.
Read Moreax Branzburg, Coinbase's Vice President of Product, announced through an X post on March 27 the decision to expand Coinbase's USDC assets on Base.
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