Binance Wallet Adds Seven New Collateral Options for Borrowing
Binance Wallet has expanded its collateral options to include seven new assets: SolvBTC, XVS, XRP, SOL, USD1, USDE, and CAKE.
Users can now deposit these assets directly in Binance Wallet and borrow $U tokens. The platform is offering up to 20% APR on borrowed funds.
The new collateral types provide more flexibility for users looking to access liquidity while maintaining exposure to their preferred assets.
[Learn more about the program](https://www.binance.com/en-AU/events/w3e-u-carnival)