Binance conducts test transfer to SAFU fund

The address for Binance's Secure Asset Fund for Users (SAFU) just received a test transfer of 64.811 USDT from a Binance hot wallet, according to on-chain analyst ai_9684xtpa. Binance previously announced it would adjust the asset structure of SAFU, gradually converting its existing $1 billion in stablecoin holdings to BTC.