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Binance Moves $1B SAFU User Protection Fund From Stablecoins To Bitcoin Shift

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A comic-style scene shows a determined man in a dark suit pushing open a heavy vault as bright orange Bitcoin coins spill out, while shadowy crates of stablecoins sit behind him.

Binance plans to move its primary user protection fund from stablecoins into Bitcoin within the next 30 days, marking a major shift in how the exchange backs emergency safeguards. The transition will convert the Secure Asset Fund for Users (SAFU) entirely into Bitcoin, reflecting what company leadership describes as long-term confidence in Bitcoin’s role in the digital economy. Critics and industry observers warn that increased exposure to Bitcoin’s price volatility could weaken user protections during periods of market stress.

L’article Binance Moves $1B SAFU User Protection Fund From Stablecoins To Bitcoin Shift est apparu en premier sur Cointribune.

2d ago
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