🛡️ Binance to Convert $1B SAFU Fund Into Bitcoin Within 30 Days

Binance has announced it will convert its entire $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin (BTC), reinforcing confidence in BTC as the core long-term asset of the crypto ecosystem.

Key Facts:

$1B SAFU fund to be fully converted into Bitcoin

Conversion to be completed gradually within 30 days

Binance will rebalance the fund if its value drops below $800M

SAFU was created in 2018 to protect users during extreme events

Expert Insight:

This move signals strong institutional conviction in Bitcoin as “digital gold”, aligning user protection reserves with the most battle-tested asset in crypto during periods of market volatility.

#Binance #CryptoNews #UserProtection #DigitalGold #MarketCorrection $BTC $BNB

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