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. Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether. The move comes in response to Paxos’ recent move to stop minting new BUSD, which has led to the asset’s market capitalization falling.