 
 
The world’s largest cryptocurrency alternate, Binance, introduced Friday that it might convert the stablecoin in its $1 billion long-running emergency person safety reserve to Bitcoin (BTC) over the following 30 days to help the {industry} amid uncertainty, underscoring its continued conviction in Bitcoin’s long-term worth.
Binance To Flip $1 Billion Person Safety Reserve Into Bitcoin
In an open letter to the crypto neighborhood on Friday, Binance stated it’ll step by step swap the stablecoin Safe Asset Fund for Customers (SAFU), a safety fund created to guard customers from losses as a consequence of unexpected occasions like hacks, into Bitcoin inside 30 days.
To deal with potential value swings from holding Bitcoin as an alternative of stablecoins, Binance indicated that it shall conduct common audits and rebalancing of the fund based mostly on market worth.
“If the fund’s market worth falls under $800 million as a consequence of BTC value fluctuations, Binance will rebalance the fund to revive its worth to $1 billion,” Binance wrote.
Binance’s proof-of-reserves report confirmed customers holding roughly $162 billion in crypto tokens on the platform as of 2025.
 
“This initiative is a part of Binance’s long-term industry-building efforts, and we’ll proceed to advance associated work, step by step sharing extra progress with the neighborhood,” the alternate continued on Friday.
All Eyes On Bitcoin Month-to-month Shut
Binance’s resolution comes amid a dramatic downturn within the value of Bitcoin. Based on CoinGecko knowledge, the premier crypto dropped over 6% over the past 24 hours, hitting a low of $81,314 earlier than a slight restoration. The entire crypto market cap fell by 6.5%, leading to $1.7 billion in liquidated positions.
Based on Keith Alan, cofounder of buying and selling useful resource Materials Indicators, Bitcoin must reclaim the 2026 open by the month-to-month candle shut or danger “bearadise.”
“$BTC is as soon as once more testing help at what I contemplate to be crucial degree on the chart. The Month-to-month candle shut quickly coming into focus makes this an inflection level for the pattern,” he famous in a publish on X.
“A month-to-month shut above the Yearly Open will gasoline hopium for bulls. A detailed under that Timescape Stage ($87.5k) will put us on a path to Bearadise.”
