Binance to Shift $1 Billion User Protection Fund Into Bitcoin Amid Market Rout

Binance to shift $1 billion user protection fund into bitcoin amid market rout

Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.

Binance Shifts $1B SAFU Fund from Stablecoins into Bitcoin - Invest In Crypto News

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How Binance Will Repurpose SAFU Wallet in February – #CryptoUpdatesGNIT

Binance, the world’s largest crypto exchange on trading volume metrics, announced plans to convert the entire $1 billion reserve of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days. The move comes as markets reel from a $1.7 billion crypto liquidation wave and from up to $9 trillion in whiplash across assets. Sponsored Sponsored Binance To Convert $1 Billion SAFU Fund to Bitcoin: All You Need to Know The…

Binance Plans Gradual Conversion Of $1 Billion SAFU Fund Into Bitcoin

As Bitcoin (BTC) struggles through a prolonged downturn, cryptocurrency exchange Binance has unveiled a new move aimed at reinforcing confidence in the digital asset sector. Amid this, BTC has fallen 34% over the past four months, a slide that has fueled growing debate over whether the market has entered a new bear phase.  Against that backdrop of heightened uncertainty, Binance said it intends to take concrete steps to support the broader crypt…

Binance Doubles Down on Bitcoin: Buying $1B BTC Within 30 Days

Binance is reinforcing crypto’s safety net by shifting its $1 billion SAFU fund into bitcoin, framing BTC as the long-term anchor for user protection, transparency, and balance-sheet resilience amid market stress. Binance Converts $1B SAFU Fund to Bitcoin as BTC Anchors Industry Stability Periods of market stress often test major platforms. Cryptocurrency exchange Binance released […]

Binance Converts $1B SAFU Fund to Bitcoin

Binance plans to switch $1 billion SAFU fund from stablecoins to Bitcoin, impacting crypto strategy.