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Binance to convert $1B SAFU reserve from stablecoins to Bitcoin

Binance announced plans to shift its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin, citing long-term conviction and market resilience.

Jan 30, 20266:58 AMNewsroom AI

Binance said it will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users (SAFU) into Bitcoin as part of a long-term strategy, citing conviction in Bitcoin and the market’s resilience [1][3].

The exchange plans to carry out the conversion over the next 30 days and indicated the restructured reserve will be subject to regular audits, according to company statements reported by multiple outlets [3][5].

Observers noted the move could bolster user confidence by holding a high-profile crypto asset, while also increasing the fund’s exposure to market volatility and potential value swings inherent to Bitcoin [4][2].

Binance’s announcement that it will shift $1 billion of SAFU stablecoin reserves into Bitcoin marks a notable change in how the exchange manages its user-protection fund and will be monitored through upcoming audits and industry coverage [1][3].

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