Binance partners with BBVA to hold trader collateral in U.S. treasuries

#Binance has partnered with Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, to hold client collateral in the form of U.S. Treasuries. The arrangement allows traders to keep funds with #BBVA while using them as margin on Binance, aiming to reduce counterparty risk and improve fund safety.