Binance Adds 1,315 BTC to SAFU Fund in $1B Stablecoin Conversion
On Feb. 4, 2026, Binance said it purchased 1,315 BTC and moved the coins into its SAFU (Secure Asset Fund for Users) reserve. The buy is a step in the exchange’s broader plan to convert $1 billion of SAFU holdings from stablecoins into Bitcoin following the recent crypto market downturn. Binance framed the allocation as part of ongoing reserve management rather than a trading play.
The addition matters because it alters the composition of one of the industry's largest insurance pools, reducing stablecoin exposure and increasing BTC holdings that could be used to cover user losses if needed. The move may bolster market confidence by signaling Binance’s conviction in Bitcoin as a reserve asset, though converting reserves into a volatile asset also carries risk. For users and observers, the update is a notable example of how major exchanges are adjusting balance sheets in response to market stress.