BlockBeats news, December 17, Binance Wallet announced the launch of Web3 Loan, a brand new on-chain lending feature that is now live on the Web3 Earn page.
Web3 Loan allows users to directly access third-party protocols and borrow cryptocurrencies using existing assets as collateral. Web3 Loan has integrated with Venus, supporting over 40 assets.
Assets supported at launch include:
Collateral assets: BTCB, ETH, USDT, USDC, FDUSD, WETH
Borrowing assets: USDT, USDC, BNB
