Binance Launches Fixed Rate Lending Service

🔹 Binance, the largest cryptocurrency exchange by volume, has launched a new Fixed Rate Lending service. This product allows users to lend and borrow stablecoins with fixed interest rates, offering a predictable financial experience.

🔹 The service seeks to reduce market volatility through overcollateralization, where borrowers must put up collateral that exceeds the value of the loan, providing an additional layer of security.

🔹 Although the crypto market remains volatile, this initiative by Binance offers stability and financial control, which could benefit Bitcoin users in the long run.