(Details below)👇
🔹 What Happened
Binance Wallet has integrated the Venus Protocol into its Web3 lending ecosystem by launching a new on-chain borrowing feature called Web3 Loan. This lets users borrow and lend digital assets directly within the wallet using decentralized liquidity from Venus Protocol on BNB Chain.
🔹 What This Means for Users
Borrow & lend crypto on-chain
Users can now use a wide range of assets as collateral (like BTCB, ETH, USDT) and borrow other tokens without selling them.More asset support & flexibility
The integration expands supported collateral options and wrapped/cross-chain assets, increasing flexibility to access liquidity and yield strategies without leaving the Wallet interface.Hybrid DeFi experience
Binance Wallet’s interface bridges centralized wallet ease-of-use with decentralized lending mechanics powered by Venus, making DeFi lending more approachable.
🔹 Why It Matters
This move broadens Binance Wallet’s Web3 lending tools and brings Venus’s decentralized money market directly inside a major wallet product, helping users access borrowing and yield opportunities with familiar assets more easily.
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