An Open Letter to the Cryptocurrency Community 💛 During periods of market volatility and stress, the impact on the entire industry naturally extends to Binance. As a global industry leader, we consistently maintain high standards and continuously improve based on feedback from the community and the general public. In 2025, Binance will continue to invest in the long-term health of the industry, achieving this through strengthened risk control, compliance, and ecosystem building. Key Highlights: 👉 User Deposit Recovery: In 2025, Binance assisted in processing 38,648 cases of erroneous deposits, involving $48 million, bringing Binance's total recovered user deposits to date to over $1.09 billion. 👉 Risk Control and User Protection: Through risk control and protection measures, Binance helped 5.4 million users, preventing a cumulative $6.69 billion in potential fraud losses. 👉 Combating Illicit Activities: Working with global law enforcement agencies to combat illicit activities, law enforcement seized $131 million in illicit proceeds. 👉 Token Listing Distribution and Ecosystem Diversity: Spot listings cover 21 public chains, with ETH, BSC, and SOL ranking among the top (32, 18, and 9 projects listed respectively). 👉 Asset Transparency and Reserves: Proof-of-Reserve (PoR) has been achieved across 45 crypto assets, totaling $162.8 billion. We are committed to taking sustainable and verifiable actions to protect users, drive industry development, and support long-term, responsible growth. Today, we take another step: Binance will convert approximately $1 billion of stablecoin reserves from the SAFU Fund into Bitcoin over the next 30 days. The SAFU Fund will be rebalanced periodically based on its market capitalization. If Bitcoin price volatility causes its market capitalization to fall below $800 million, Binance will replenish it to $1 billion. We believe Bitcoin is the foundational asset of this ecosystem and the premier long-term store of value. With this initiative, we align ourselves with market cycles and move forward hand-in-hand with the entire industry, as we have always done. This is part of our ongoing commitment to building the future of cryptocurrency. More updates coming soon. Binance will continue to take concrete actions to drive the industry forward through openness, transparency, and a long-term commitment. Thank you to our beloved community for standing with us.