Binance, the world’s largest crypto alternate by buying and selling quantity, introduced right now it is going to convert its $1 billion Safe Asset Fund for Customers (SAFU) from stablecoin reserves into Bitcoin inside 30 days.
The alternate mentioned 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 value fluctuations, restoring it to $1 billion.
The SAFU was established in July 2018 as a monetary security web 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 instances of incorrect deposits, bringing cumulative recoveries to over $1 billion. The alternate mentioned it helped 5.4 million customers determine 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 tip of 2025, Binance’s proof-of-reserves confirmed person belongings of roughly $163 billion totally backed throughout 45 crypto belongings.
