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Binance partners with libra credit to offer loans to BNB holders💰
Libra Credit will offer users loans in fiat and cryptocurrencies. The loans will be secured in the BNB tokens.
This partnership is one of a growing📈 number of cryptocurrency loan services appearing. The loans enable cryptocurrency investors to use their coins as collateral in the same way as a property is used in conventional borrowing. Lenders can still take advantage of increases in the value of their coins and retain final ownership but can borrow other currencies, including fiat, to use for further projects.