[Binance Launches Bitcoin-Collateralized 'Lite Loan' Microloan Product] BlockBeats News, August 4: Binance officially launched the Bitcoin-collateralized 'Lite Loan' microloan product today, allowing eligible users to borrow up to 1,000 USDT using BTC as collateral without selling their Bitcoin. This product is aimed at users with small-scale, short-term funding needs. The collateralized Bitcoin can also come from the Simple Earn flexible savings product and continue to earn interest, while the borrowed USDT can be used for trading. [Original Link]