Binance Launches Collateralized Crypto Lending for Institutions

Binance has officially announced the launch of its collateralized lending service specifically tailored for institutional clients. This move aims to provide larger players in the crypto market with enhanced access to capital and greater flexibility in managing their digital asset holdings. According to Binance's official blog post, qualified institutions can now borrow USDT or USDC, with loan amounts ranging from $1 million to $10 million. The platform supports various cryptocurrencies as collateral, including BTC, ETH, and BNB, allowing institutions to leverage their existing digital asset portfolios. The collateralized lending service offers leverage of up to 4x, enabling institutions to amplify their trading positions and capital efficiency. This offering is designed to cater to the sophisticated needs of institutional investors looking for secure and efficient ways to access liquidity within the cryptocurrency space. Binance's entry into institutional lending marks a significant step in the maturation of the crypto market. ```