An open letter to the crypto community 💛
During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.
As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from our community and the wider public.
Today, we’re taking another step forward:
Binance will convert the SAFU fund’s ~$1B stablecoin reserves into BTC with the process completing within the next 30 days.
Read the full letter 👉 https://binance.com/en/blog/community/7001232677846823071
During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.
As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from our community and the wider public.
Today, we’re taking another step forward:
Binance will convert the SAFU fund’s ~$1B stablecoin reserves into BTC with the process completing within the next 30 days.
Read the full letter 👉 https://binance.com/en/blog/community/7001232677846823071
Binance Blog
An Open Letter to the Crypto Community | Binance Blog
Binance will convert SAFU fund's $1B stablecoin reserves into BTC as part of our long-term commitment to building industry resilience and trust.
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