coin-img-ETHETH-7.55%coin-img-HYPEHYPE-13.36%coin-img-XAUTXAUT-7.30%coin-img-ASTERASTER-6.42%coin-img-BIRBBIRB-28.52%coin-img-BTCBTC-6.37%coin-img-SOLSOL-7.02%coin-img-XRPXRP-6.97%coin-img-ETHETH-7.55%coin-img-HYPEHYPE-13.36%coin-img-XAUTXAUT-7.30%coin-img-ASTERASTER-6.42%coin-img-BIRBBIRB-28.52%coin-img-BTCBTC-6.37%coin-img-SOLSOL-7.02%coin-img-XRPXRP-6.97%coin-img-ETHETH-7.55%coin-img-HYPEHYPE-13.36%coin-img-XAUTXAUT-7.30%coin-img-ASTERASTER-6.42%coin-img-BIRBBIRB-28.52%coin-img-BTCBTC-6.37%coin-img-SOLSOL-7.02%coin-img-XRPXRP-6.97%coin-img-ETHETH-7.55%coin-img-HYPEHYPE-13.36%coin-img-XAUTXAUT-7.30%coin-img-ASTERASTER-6.42%coin-img-BIRBBIRB-28.52%coin-img-BTCBTC-6.37%coin-img-SOLSOL-7.02%coin-img-XRPXRP-6.97%

Binance to convert $1B SAFU stablecoin reserves into Bitcoin over 30 days

Binance said on Jan. 30 it will gradually swap $1B in stablecoin reserves from its SAFU fund into Bitcoin within 30 days, BlockBeats reports. The exchange will top up BTC to restore the reserve to $1B if market fluctuations push holdings below $800M during the conversion.
Selected
BTC
BTC-6.29%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.