幣安將 SAFU 基金與比特幣重新結合：保護用戶和長期價值的大膽舉措

幣安正在將其 10 億美元的 SAFU 基金從穩定幣轉換為比特幣，這表明幣安對 BTC 的長期潛力和加強用戶保護的堅定信念。

Binance Bets Big on Bitcoin with SAFU Fund Conversion

幣安通過 SAFU 基金轉換押注比特幣

In a significant strategic shift, cryptocurrency exchange Binance announced it will convert its entire $1 billion Secure Asset Fund for Users (SAFU) reserves from stablecoins into Bitcoin (BTC) over the next 30 days. This move underscores Binance's growing conviction in Bitcoin as a core, long-term asset and a primary store of value within the crypto ecosystem.

作為一項重大戰略轉變，加密貨幣交易所幣安宣布將在未來 30 天內將其全部 10 億美元的用戶安全資產基金 (SAFU) 儲備從穩定幣轉換為比特幣 (BTC)。此舉凸顯了幣安對比特幣作為加密生態系統中的核心長期資產和主要價值儲存手段的日益堅定的信念。

SAFU: A Pillar of User Protection

SAFU：用戶保護的支柱

Launched in 2018, SAFU serves as an emergency reserve, funded by a portion of Binance's trading fees. Its purpose is to reimburse users in "extreme" scenarios, such as platform hacks or critical failures. Notably, SAFU was instrumental in covering the approximately 7,000 BTC stolen in a 2019 hack, ensuring affected users were made whole without any reduction in their balances. Previously, the fund's stablecoin component shifted from BUSD to USDC in 2024, a precursor to this latest, more profound re-denomination into Bitcoin.

SAFU 於 2018 年推出，充當緊急儲備金，由幣安交易費用的一部分提供資金。其目的是在“極端”情況下補償用戶，例如平台被黑客攻擊或嚴重故障。值得注意的是，SAFU 在彌補 2019 年黑客攻擊中被盜的約 7,000 BTC 方面發揮了重要作用，確保受影響的用戶在不減少餘額的情況下得到恢復。此前，該基金的穩定幣成分在 2024 年從 BUSD 轉向 USDC，這是最新、更深刻的比特幣重新計價的前兆。

Strategic Rationale and Market Implications

戰略原理和市場影響

Binance's decision to hold SAFU reserves in Bitcoin reflects a broader industry trend of increasing Bitcoin treasury adoption, even amidst market volatility. While this makes the SAFU fund more exposed to Bitcoin's price swings, Binance has pledged to maintain its value. The exchange stated it will rebalance the fund back up to $1 billion if market movements push its value below $800 million, utilizing its treasury reserves to top up the difference. This commitment aims to ensure robust user protection regardless of market cycles.

幣安決定以比特幣持有 SAFU 儲備，反映了即使在市場波動的情況下，比特幣金庫採用率不斷提高的更廣泛行業趨勢。雖然這使得 SAFU 基金更容易受到比特幣價格波動的影響，但幣安已承諾維持其價值。該交易所表示，如果市場走勢使該基金的價值低於 8 億美元，它將重新平衡該基金至 10 億美元，並利用其國庫儲備來彌補差額。這一承諾旨在確保無論市場週期如何，都能提供強有力的用戶保護。

Binance's Growing Bitcoin Footprint

幣安不斷增長的比特幣足跡

This conversion will add over 12,000 BTC to Binance's existing holdings, which already exceed 648,000 BTC. The exchange, a major player in the Bitcoin market, will custody these SAFU Bitcoin reserves within its licensed clearing house regulated by the Abu Dhabi Global Market. For transparency, Binance has also published the on-chain address for the SAFU wallet, allowing users to verify the fund's holdings.

此次轉換將使幣安現有持有量增加超過 12,000 BTC，目前已超過 648,000 BTC。該交易所是比特幣市場的主要參與者，將在其受阿布扎比全球市場監管的許可清算所內保管這些 SAFU 比特幣儲備。為了透明起見，幣安還公佈了 SAFU 錢包的鏈上地址，允許用戶驗證該基金的持有情況。

A Wink and a Nod to the Future

對未來眨眼並點頭

So, what does this all mean? Essentially, Binance is putting its money where its mouth is, doubling down on Bitcoin's future. It’s a bold statement that feels like a high-five to the entire crypto community, especially Bitcoin enthusiasts. While the market always has its ups and downs, it looks like Binance is ready to ride those waves with Bitcoin at the helm of its user protection fund. Here's to a secure and, hopefully, ever-growing SAFU!

那麼，這一切意味著什麼呢？從本質上講，幣安正在言出必行，加倍押注於比特幣的未來。這是一個大膽的聲明，對於整個加密社區，尤其是比特幣愛好者來說，感覺就像是擊掌致意。雖然市場總是有起有落，但幣安似乎已準備好以比特幣作為用戶保護基金的掌舵者，駕馭這些浪潮。為安全且不斷發展的 SAFU 乾杯！