Key Takeaways Binance will convert its $1 billion SAFU emergency fund from stablecoins into Bitcoin over the next 30 days. The shift comes as Binance faces fresh backlash over Binance Alpha listings that surged briefly before collapsing. A BTC-backed SAFU fund may appeal to Bitcoin supporters, but it also adds volatility risk to the user protection pool. Binance is making a major change to its Secure Asset Fund for Users (SAFU), its long-running emergency reserve designed to protect customers in c ...