Binance, the world’s largest cryptocurrency alternate by buying and selling quantity, right this moment introduced that it’ll convert its $1 billion secure asset fund for customers (SAFU) from its stablecoin reserves into Bitcoin inside 30 days.
The alternate mentioned the transfer displays its perception that “BTC serves because the core asset of the cryptocurrency ecosystem and represents long-term worth.”
Binance will monitor the fund’s market worth, and if the fund’s market worth drops under $800 million on account of Bitcoin worth fluctuations, it should rebalance and restore it to $1 billion.
SAFU was established in July 2018 as a monetary security internet funded by Binance’s spot buying and selling charges to guard customers from platform vulnerabilities.
In 2025, Binance reported recovering $48 million from 38,648 fraudulent deposits, with cumulative recoveries exceeding $1 billion. The alternate introduced that it helped its 5.4 million customers establish potential dangers, stopping roughly $6.7 billion in fraud-related losses.
Binance additionally cooperated with world regulation enforcement companies and seized $131 million in illicit funds.
By the tip of 2025, Binance’s proof of reserves confirmed roughly $163 billion in consumer belongings absolutely backed throughout 45 crypto belongings.
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