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Flash
Binance to Convert $1 Billion in Stablecoin Reserves into Bitcoin Within 30 Days
2026-01-30 19:42:31

Binance to Convert $1 Billion in Stablecoin Reserves into Bitcoin Within 30 Days

Binance announced on Jan. 30 it will gradually convert $1 billion in stablecoin reserves into Bitcoin within 30 days, BlockBeats reports. Community members including Yishi, Benson Sun and Garrett Jin called on Tether and other firms to take similar action.
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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.
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Editor’s picks

01

India Budget 2026 to stress crypto clarity; 1% TDS cut and VDA loss offsets eyed

02

Ethereum fees hit lowest since 2017; average transaction cost $0.14

03

XRP shown at $126.01 on CNBC; Brandt sees $25,000 BTC; OKX shifts 41,128,246,331 SHIB

04

SEC issues tokenized securities guidance January 28; Robinhood pushes tokenization

05

XRP sheds $7 billion in market value as price drops to $1.75 by January 30

06

Bitcoin ETFs post $817.87 million single-day outflow on Jan. 29, 2026

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