Did Binance convert its billion dollar SAFU emergency fund into USDC?
I heard that Binance, the cryptocurrency exchange, had a billion-dollar emergency fund called SAFU. I'm wondering if they converted this fund into USDC, a stablecoin pegged to the US dollar.
Has USDC ever lost its peg?
I'm wondering if USDC, the cryptocurrency known for being pegged to the US dollar, has ever lost its peg. I want to know if there have been any instances where its value deviated significantly from the dollar.
Why is USDC more expensive than USDT?
I'm wondering why the price of USDC is higher compared to USDT. Both are stablecoins pegged to the US dollar, so what factors are causing this difference in their market values?
What is the APY on USDC?
I would like to know the annual percentage yield (APY) on USDC. I'm interested in finding out how much return I can expect to earn on my USDC investment over a year.
What is APY in USDC?
I'm trying to understand what APY means in the context of USDC. I've heard about APY and USDC, but I'm not quite sure how they relate to each other or how it affects my investments.