Binance Launches Lite Loan With Bitcoin-Backed USDT Borrowing

Lite Loan, a new cryptocurrency-backed loan product that enables qualified customers to pledge Bitcoin and borrow up to $1,000 in USDT, was introduced by Binance today. In contrast to conventional cryptocurrency loans, Lite Loan eliminates price-triggered liquidation risk during the first 30-day loan term, relieving customers of the stress of market