Binance, the world’s largest crypto change by buying and selling quantity, introduced at present it would convert its $1 billion Safe Asset Fund for Customers (SAFU) from stablecoin reserves into Bitcoin inside 30 days.
The change stated the transfer displays its perception that “BTC serves because the core asset within the crypto ecosystem and represents long-term worth.”
Binance will monitor the fund’s market worth and rebalance if it falls under $800 million because of Bitcoin worth fluctuations, restoring it to $1 billion.
The 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 throughout 38,648 circumstances of incorrect deposits, bringing cumulative recoveries to over $1 billion. The change stated it helped 5.4 million customers establish potential dangers, stopping roughly $6.7 billion in scam-related losses.
Binance additionally collaborated with international regulation enforcement, resulting in the confiscation of $131 million in illicit funds.
By the top of 2025, Binance’s proof-of-reserves confirmed consumer belongings of roughly $163 billion totally backed throughout 45 crypto belongings.
