Binance to Convert $1B SAFU to Bitcoin in 30 Days; Will Top Up If Under $800M

Binance, the world’s largest crypto exchange by trading volume, said it will convert the entire $1 billion reserve of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days. The SAFU fund, created in 2018 and funded by Binance's trading fee revenue, serves as a user-protection backstop.

Binance said it will buy Bitcoin gradually to avoid sudden market disruption and has a rebalancing safeguard: if the fund's market value falls below $800 million due to price volatility, the exchange will add more BTC to restore it to the $1 billion target. Converting $1 billion over 30 days implies roughly $33 million in daily purchases, which the article says could create steady buying pressure and help stabilise prices during drawdowns.

The daily funding source comes from Binance's trading fee revenue, and analyst AB Kuai Dong commented that this effectively makes Binance a company that dollar-cost averages into Bitcoin. Binance paired the announcement with a summary of 2025 operational performance: it recovered $48 million across 38,648 incorrect deposit cases last year, bringing cumulative recoveries to more than $1.09 billion; helped 5.4 million users identify potential risks, preventing an estimated $6.69 billion in scam-related losses; and assisted law enforcement in recovering $131 million in illicit funds.

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