BlockBeats News, December 17, Binance Wallet announced the launch of Web3 Loan, a new on-chain lending feature, now available on the Web3 Earn page.
Web3 Loan enables users to directly access third-party protocols and borrow cryptocurrency using their existing assets as collateral. Web3 Loan has been integrated with Venus, supporting over 40 assets.
The assets supported at launch include:
Collateral assets: BTCB, ETH, USDT, USDC, FDUSD, WETH
Borrowed assets: USDT, USDC, BNB
