Binance Bitcoin conversion second batch completes, acquiring $100M in BTC from stablecoins for the SAFU, securing user funds.

As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days.

Binance will convert its $1 billion SAFU user protection fund from stablecoins into Bitcoin, increasing BTC exposure for an emergency backstop designed for extreme events.

The founder of the Binance bitcoin and crypto exchange has said he’s lost confidence in a 2026 so-called “super ...

Based on its monster past performance, it makes sense why investors are interested in Bitcoin.