Binance Shifts $1B SAFU Fund to Bitcoin

The post Binance Shifts $1B SAFU Fund to Bitcoin appeared first on Coinpedia Fintech News Binance has unveiled a new plan to reshape its $1 billion Secure Asset Fund for Users (SAFU) by converting all of its stablecoin reserves into Bitcoin over the next 30 days. This move underscores its long-term confidence in BTC’s value. During this transition, Binance will continuously monitor the fund’s worth and add more Bitcoin if …