Binance Wallet Launches Web3 Loan on-chain Lending Feature
2025-12-17 11:08:03
Binance Wallet has launched a new Web3 Loan on-chain lending function, allowing users to borrow crypto assets directly in Binance Wallet using existing assets as collateral to expand the on-chain lending experience. This function realizes multi-asset collateral and borrowing by connecting to the Venus protocol on the BNB chain. Currently, mainstream assets including BTCB, ETH, USDT, USDC, FDUSD, WETH, and can borrow USDT, USDC, and BNB. Binance Wallet said that it will launch an exclusive Venus reward activity based on this lending function. Users can borrow eligible assets to share 400,000 USDT rewards and enjoy preferential interest rates, aiming to enhance the liquidity and yield potential of on-chain wealth management and lending services in the wallet.
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