Holding the funds in a account vs just having them disappear and re-appear isn't particularly more complicated. It's a pretty trivial difference in the coding, or we wouldn't bother with it, just for PR. PR isn't perhaps the best way to put it, it also makes it easier to track how much has been locked up. Which people might be interested in.
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That's a more logical explanation. Being able to track how much is in the process of conversion is a plus.