Binance shifts $1B fund into Bitcoin

Binance said it will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users into bitcoin over the next 30 days amid volatile market conditions.

The exchange said the move applies to its emergency user protection fund and includes a commitment to conduct regular audits during and after the transition.

Binance added it would replenish the fund back to $1 billion if bitcoin price swings cause its value to fall below $800 million.

“This initiative is part of Binance's long-term industry-building efforts, and we will continue to advance related work, gradually sharing more progress with the community,”

Said Binance in a translated post on X.

The Secure Asset Fund for Users, known as SAFU, was established to protect customers from losses linked to events such as security breaches or system failures.

As of 2025, Binance’s proof-of-reserves report showed users holding about $163 billion in crypto assets on the platform.

Stablecoins are typically pegged to currencies like the US dollar, while bitcoin is the largest cryptocurrency by market value at more than $1.6 trillion.

At the time of reporting, Bitcoin price was $82,391.75.