📰 Breaking: Binance to Convert $100M SAFU Fund Into Bitcoin
Binance announced plans to rebalance its SAFU protection fund by converting stablecoin reserves into Bitcoin.
Why this matters:
• Strong confidence in BTC as a reserve asset
• Long-term security focus
• Transparent proof-of-reserves approach
• Strengthens user protection mechanisms
Institutional-level treasury behavior is becoming normal in crypto.
Security + transparency = long-term trust.
Big signal for the ecosystem.