Binance Wallet, the primary crypto wallet associated with the global exchange Binance, has introduced a new Web3 Loan service aimed at broadening its decentralized finance offerings. The launch represents a notable development in the wallet’s on-chain financial capabilities by enabling users to borrow crypto assets directly through decentralized protocols. According to the company’s announcement, the service is designed to help users unlock liquidity without having to sell their existing holdings, while also simplifying access to Web3 borrowing tools through integrated earning strategies.
The introduction of Web3 Loans reflects Binance Wallet’s broader objective of making decentralized finance more approachable for a mainstream audience. By embedding on-chain borrowing functionality within a familiar wallet interface, the platform seeks to reduce complexity for users who may be interested in DeFi but hesitant to navigate multiple protocols independently.
On-Chain Borrowing Without Asset Liquidation
With the rollout of the Web3 Loan feature, Binance Wallet now allows users to borrow cryptocurrency directly on-chain. The service is currently accessible through the Web3 Earn section of the wallet, where users can connect to third-party decentralized lending platforms without leaving the ecosystem. This integration allows borrowers to retain exposure to their original crypto assets while accessing additional liquidity.
Such an approach is particularly relevant during periods of heightened market volatility, when selling assets may not align with a user’s long-term strategy. By maintaining ownership of their holdings, users can potentially benefit from future price movements while meeting short-term liquidity needs. The integration of DeFi infrastructure into the Binance Wallet experience is intended to bridge the gap between centralized exchange users and decentralized financial services.
Flexible Collateral Options on BNB Chain
A key feature of the Web3 Loan service is its support for multi-asset collateral on the BNB Chain. This functionality allows users to deposit a variety of widely used cryptocurrencies as collateral, offering greater flexibility in managing portfolios. At launch, supported collateral assets include BTCB, ETH, WETH, FDUSD, USDC, and USDT.
On the borrowing side, users can access assets such as BNB, USDC, and USDT. This structure enables borrowers to customize their strategies based on individual liquidity requirements and risk preferences. By offering a mix of volatile and stable assets for both collateral and borrowing, the service aims to accommodate different financial objectives, from short-term cash flow management to longer-term strategic positioning.
Web3 Loan is now live on #Binance Wallet, bringing seamless on-chain borrowing directly to your wallet!
Learn more 👉 https://t.co/FQimIZ9Nci pic.twitter.com/6Ei9yC23OY
— Binance (@binance) December 17, 2025
Powered by Venus Protocol
The initial implementation of Binance Wallet’s Web3 Loan service is powered by Venus Protocol, a borrowing and lending platform built on the BNB Chain. Venus provides the underlying liquidity and infrastructure for the feature, supporting more than forty digital assets and managing over $2.2 billion in its primary liquidity pool.
Through this integration, users can lend and borrow directly from Venus pools while remaining within the Binance Wallet interface. The streamlined process allows users to initiate on-chain borrowing in just a few steps, without the need to manually interact with external decentralized applications. This design choice reflects a focus on usability and efficiency, aiming to lower the entry barrier for users new to DeFi lending and borrowing.
Bridging Mainstream Users and DeFi
Overall, the launch of Web3 Loans signals Binance Wallet’s continued effort to expand its decentralized financial toolkit. By combining established DeFi protocols with a user-friendly interface, the wallet positions itself as a gateway for users seeking more advanced financial strategies without sacrificing convenience.
The service also highlights a broader trend within the crypto industry toward integrating decentralized functionality directly into widely used wallets. As more users look for ways to generate liquidity while maintaining exposure to digital assets, on-chain borrowing solutions like Web3 Loans are expected to play an increasingly important role in the evolving DeFi landscape.
