#Binance rolls out Web3 Loan inside Binance Wallet

Binance has launched Web3 Loan directly within @Binance Wallet , allowing users to borrow crypto on-chain without leaving the wallet or giving up self-custody.

What’s new

• On-chain borrowing inside Binance Wallet (Web3 Earn tab)

• Use existing assets as collateral (starting with @VenusProtocol on @BNBChain)

• No need to connect external dApps or sell holdings

• Designed to ease CeFi users into DeFi lending

• Launch promo includes a 400,000 USDT reward pool for eligible users

This is a notable step toward making DeFi lending more accessible at scale, blending self-custody with a familiar Binance UX and lower-fee BNB Chain infrastructure.

👉 Official announcement: https://www.binance.com/en/support/announcement/detail/89d3d6e8ed2045cf901adbfadbfaf935