Binance to shift $1 billion user protection fund into bitcoin amid market rout

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Binance to shift $1 billion user protection fund into bitcoin amid market rout Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits. By Omkar Godbole , AI Boost | Edited by Shaurya Malwa Jan 30, 2026, 6:30 a.m. Make us preferred on Google Binance to swap stablecoins held in user security fund with bitcoin What to know : Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits. The exchange has pledged to replenish the fund to $1 billion if bitcoin price swings cause its value to fall below $800 million. Binance framed the change as part of its long-term industry-building efforts. Top cryptocurrency exchange Binance announced said Friday that it shall switch the stablecoin in its $1 billion emergency user protection fund to bitcoin over the next 30 days. The move targets the Secure asset Fund for Users (SAFU), which is a security fund created to protect users from losses due to unforeseen events such as hacks. The exchange plans to gradually convert the stablecoin holdings within 30 days, committing to regular audits. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . It added that if bitcoin's price swings drop the fund's value below $800 million, the exchange will top it back up to $1 billion. "This initiative is part of Binance's long-term industry-building efforts, and we will continue to advance related work, gradually sharing more progress with the community," the translated version of the exchange's post on X, said . As of 2025, the exchange's proof-of-reserves report showed users holding roughly $163 billion in crypto tokens on the platform. Stablecoins are digital tokens with values pegged to an external reference such as the U.S. dollar. Bitcoin is the world's leading cryptocurrency with a market value of over $1.6 trillion. Binance Bitcoin News AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . 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