Friday, March 6, 2026
HomeCryptocurrencyJustin Solar says Tron will increase Bitcoin reserves after Binance name

Justin Solar says Tron will increase Bitcoin reserves after Binance name


Justin Solar, founding father of the Tron blockchain, mentioned Friday that Tron would enhance its Bitcoin holdings in response to Binance’s name.

Binance is changing the SAFU fund’s $1 billion stablecoin reserves into Bitcoin, a call that reinforces its perception that Bitcoin is the core long-term asset of the crypto ecosystem.

The change expects to finish the conversion inside 30 days, with ongoing rebalancing to revive the fund to $1 billion if its worth falls beneath $800 million as a result of worth fluctuations.

Solar has backed Tron Inc., a Nasdaq-listed firm that holds TRX on its stability sheet.

The agency, which bridges conventional leisure merchandise and web3 infrastructure, has accrued round 679 million TRX tokens value $196 million, per DropsTab.





Supply hyperlink

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments