1 day ago
2
Binance is shifting $1 billion of the SAFU fund's stablecoin reserves into Bitcoin.
Justin Sun, founder of the Tron blockchain, said Friday that Tron would increase its Bitcoin holdings in response to Binanceโs call.
In response to Binance's call, Tron will also increase its BTC holdings in the future.
โ H.E. Justin Sun ๐จโ๐ ๐ (@justinsuntron) January 30, 2026
Binance is converting the SAFU fundโs $1 billion stablecoin reserves into Bitcoin, a decision that reinforces its belief that Bitcoin is the core long-term asset of the crypto ecosystem.
The exchange expects to complete the conversion within 30 days, with ongoing rebalancing to restore the fund to $1 billion if its value falls below $800 million due to price fluctuations.
Sun has backed Tron Inc., a Nasdaq-listed company that holds TRX on its balance sheet.
The firm, which bridges traditional entertainment products and web3 infrastructure, has accumulated around 679 million TRX tokens worth $196 million, per DropsTab.
English (US) · 