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Coinpedia 2026-01-30 07:57:15

Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility

The post Binance to Convert Entire $1B SAFU Fund Into Bitcoin Amid Market Volatility appeared first on Coinpedia Fintech News Binance, the world’s largest cryptocurrency exchange, has announced major plans to convert its entire $1 billion to the Secure Asset Fund for Users (SAFU) reserve from stablecoins into Bitcoin.  This move highlights the exchange’s long-term confidence in Bitcoin and comes at a time when crypto markets remain highly volatile. Binance Converts $1B SAFU Fund to …

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