Binance announced on January 29 that it will adjust the asset structure of its SAFU fund by converting its $1 billion stablecoin reserves into Bitcoin. The conversion is expected to be completed within 30 days of the announcement. Binance will regularly review the fund's asset size and, if Bitcoin price fluctuations cause the fund's value to drop below $800 million, the company will replenish the Bitcoin reserves to maintain the fund at $1 billion. This move comes amid criticism from both English and Chinese communities, with suggestions for Binance to use profits to build Bitcoin reserves to support the industry.