In a quiet room where the glow of screens is like a pale moonlight over a town square, Binance’s Secure Asset Fund for Users-the SAFU-exists, born in the aftermath of the 2019 misadventure that taught patrons to beware of coughs and shadows in the night. The guardians of the purse have added to their quiet hoard: 4,225 BTC, worth about $300 million, increasing total holdings to 10,455 BTC, roughly $734 million by the market’s capricious ledger. A figure that reads almost like a family tale of prudence, told over tea to keep the wolves of chaos from the door.
And now a plan is spoken, announced on January 30, 2026, to turn a billion dollars of stablecoins into Bitcoin within thirty days. A bold, almost ceremonial conversion, as if one were to plant a tree where yesterday’s wind blew hardest. The motion is not so much a triumph of spectacle as a quiet belief: Bitcoin, they profess, is a long-term store of value. A belief that persists even as the price has wandered down from the dizzying height of more than $76,000, as if the sovereign market itself had taken a small nap. If you like a good wager with a ledger as your witness, there is something vaguely noble in such steadiness, even if one suspects the world will not be moved to applause by a plan well-intentioned.
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2026-02-09 11:07