[Binance Launches Fully Paid Securities Lending, Allowing Users to Earn Passive Income by Lending Stocks] BlockBeats News, June 11: According to official sources, Binance has announced the official launch of its Fully Paid Securities Lending (FPSL) service, enabling users to earn passive income by lending out their stocks. Reportedly, FPSL is a common securities lending mechanism in traditional financial markets, typically facilitated by brokers or custodians, where investors lend their held but unused securities to institutions needing them for short selling, arbitrage, or market-making purposes. [Original Link]