Binance to Move $1B SAFU Fund Into Bitcoin Reserve Despite BTC Price Dip

Binance announced that it would convert its holdings in its Safe Secure Assets Funds for Users (SAFU) into its Bitcoin reserves. This comes as the BTC price remains in a downtrend.

Binance Shifts SAFU Fund to Bitcoin Reserve

The cryptocurrency exchange said in a blog post that it would convert the $1 billion SAFU fund that is currently stablecoins into its Bitcoin reserve over the next 30 days.

“Binance will convert the SAFU fund’s $1 billion stablecoin reserves into Bitcoin reserves, with plans to complete the conversion within 30 days of this announcement. Binance will conduct regular rebalancing of the SAFU fund based on monitoring its market value, they shared.”

They further said that in the event that the price volatility of Bitcoin results in the fund’s value going below $800 million, the exchange will top up the fund to $1 billion. Binance said that this initiative is a part of the long-term efforts of the exchange to develop the industry.

The announcement of the Bitcoin reserve was made through an open letter to the exchange’s community. In the open letter, the exchange shared some of the other developments. For example, the exchange said that, according to its proof of reserves, users have seen that their assets of about $162.8 billion are fully backed.

An open letter to the crypto community 💛

During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.

As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from… pic.twitter.com/HvWEQYjuKZ

— Binance (@binance) January 30, 2026

Further, the exchange helped 5.4 million users in the year 2025 in identifying possible crypto hacks, and the total amount of loss prevented in terms of scams was about $6.69 billion.

This development comes as the exchange expands its operations. Just last week, it was reported that Binance had applied for a license to operate in the European Union. The firm submitted a MICA license application in Greece as demand for crypto grows in Europe.

Bitcoin Treasury Adoption Grows Amid BTC Price Dip

The current downturn in the BTC price has not stopped the adoption of Bitcoin in reserves. The coin fell sharply yesterday trigerring a crypto market sell-off. The coin fell as low as $81,100. This led to millions of dollars in liquidations.

However, Binance is not the only one to have made a move in recent days. On Wednesday, South Dakota introduced a bill for the state to start investing in BTC.  This comes at a time when states in the United States begin to explore the idea of owning their own Bitcoin reserve.

Just a week prior, Kansas lawmakers advanced a proposal to establish its BTC reserve. At the federal level, U.S. Treasury Secretary Scott Bessent stated that the government would continue to fund its Treasury, particularly with recently seized assets.