Binance Wallet Debuts Web3 Loan on Venus, Enabling BNB Borrowing Against 40+ Collateral Assets

COINOTAG News reports that the Binance Wallet has launched Web3 Loan, an on-chain lending feature now accessible from the Web3 Earn page. The service enables users to directly access third-party protocols and borrow cryptocurrency using existing assets as collateral, enhancing liquidity and capital efficiency without leaving a familiar wallet interface. The deployment is integrated with Venus Protocol, extending support to more than 40 assets.

At launch, collateral assets include BTCB, ETH, USDT, USDC, FDUSD, and WETH, while borrowed assets can be drawn in USDT, USDC, and BNB. This integration aims to offer diversified DeFi liquidity with prudent risk controls, enabling users to optimize capital utilization within the Web3 Earn ecosystem.