📍 Binance transfers the entire SAFU fund of $1B to Bitcoin

📌 Binance confirms that it will transfer the entire ~$1B SAFU fund from stablecoin to Bitcoin, gradually over 30 days.

📌 SAFU is a user protection fund established in 2018, used to compensate for extreme incidents such as hacks or asset losses.

📌 Binance stated that it will continuously monitor the fund's value – if SAFU drops below $800M, the exchange will add BTC to bring it back to the $1B mark.

📌 This move demonstrates a strategic belief in Bitcoin as a core asset and a long-term store of value, rather than relying on stablecoin.

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