Binance Converts $1 Billion SAFU Fund to Bitcoin, Reinforcing Long-Term Crypto Commitment

In a bold move signaling unwavering commitment to user security and the long-term vision of the crypto industry, global cryptocurrency leader Binance has announced a strategic overhaul of its $1 billion Secure Asset Fund for Users (SAFU). Responding to recent market volatility and community discourse, Binance revealed in an open letter today (the 30th) its decision to convert the entire SAFU reserve from stablecoins into Bitcoin.

Emphasizing its deep integration with the broader crypto ecosystem, Binance stated in the letter, “Industry volatility is Binance’s volatility.” The exchange acknowledges that as it grows, external scrutiny mirrors the crypto industry’s journey towards maturity. As a pioneering force, Binance recognizes its role as a crucial gateway to the crypto world, committing to uphold the highest standards of self-discipline and address feedback with humility and diligence.

Binance’s 2025 Milestones: A Year of Growth and User Protection

Reflecting on a landmark year, Binance proudly presented its significant achievements in compliance and user protection throughout 2025:

• User Asset Recovery: A staggering 38,648 cases of mistakenly deposited assets were successfully recovered for users in 2025, amounting to $48 million. This brings Binance’s total cumulative asset recovery to over $1.09 billion, underscoring its robust support systems.
• Enhanced Risk Control & User Protection: Proactive measures helped 5.4 million users identify potential risks, preventing an estimated $6.69 billion in scam-related losses throughout the year.
• Global Fight Against Illicit Activities: Binance collaborated with law enforcement worldwide, contributing to the disruption of illegal activities involving approximately $131 million.
• Fostering Ecosystem Diversity: The platform expanded its spot listings across 21 public blockchains in 2025, with Ethereum (ETH), Binance Smart Chain (BSC), and Solana (SOL) leading in new project integrations (32, 18, and 9 projects respectively). Notably, 13 new public chains, spanning payment, gaming, and social applications, were introduced, enriching the crypto landscape.
• Unwavering Asset Transparency: By the close of 2025, Binance’s Proof of Reserves demonstrated coverage for approximately $162.8 billion in user assets across 45 distinct cryptocurrencies, reinforcing its commitment to transparency.

Strategic SAFU Fund Conversion: A Bet on Bitcoin’s Future

The centerpiece of Binance’s open letter, however, is the groundbreaking transformation of its SAFU fund’s asset structure. Driven by a profound conviction in Bitcoin’s enduring value and its pivotal role as the core asset of the crypto ecosystem, Binance is proactively embracing market uncertainties. The exchange announced its strategic decision to progressively convert the entire $1 billion SAFU fund, previously held predominantly in stablecoins, into Bitcoin reserves. This significant conversion is projected to be finalized within 30 days of the statement’s release.

To further fortify user confidence, Binance has pledged vigilant oversight of the SAFU fund’s market value. Should Bitcoin price fluctuations cause the fund’s value to dip below $800 million, Binance will proactively replenish the reserves with Bitcoin, restoring the fund to its $1 billion target. This proactive measure guarantees that the robust user protection mechanism remains uncompromised, irrespective of market dynamics.

Binance unequivocally states that this strategic shift is not a short-term tactical maneuver but a fundamental component of its long-term commitment to building and nurturing the crypto industry. The platform assures ongoing transparency, promising continuous updates to the community regarding the fund’s status and related developments.

Concluding its message, Binance extended heartfelt gratitude to its steadfast community, loyal users, and dedicated Binance Angels. The exchange reaffirmed its unwavering commitment to the principles of “open transparency” and “long-term vision,” pledging to continue its active participation in industry development and address market concerns through decisive action and innovation.