Binance to Convert Entire SAFU User Protection Fund to Bitcoin.
@Binance MENA announced it will convert its entire $1 billion SAFU stablecoin fund to Bitcoin within 30 days.
Key details:
• If Bitcoin price volatility causes the fund's value to drop below $800 million
• Binance will add additional Bitcoin
• to bring the fund back up to $1 billion
This move reflects growing confidence in Bitcoin as a long-term reserve asset…
Even in user protection tools.
BTC
76,043.8
-3.91%
BNB
761.6
-2.06%