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According to Binance's official response, the recent changes in Binance's assets are only adjustments to the accounting process of Binance's financial department, and user funds are always in a safe state (SAFU). Previously, it was reported that Binance was suspected of significantly reducing its own crypto assets to allocate stablecoins, with BTC and ETH holdings falling by more than 94%.
According to an official announcement, Binance has added Commonal (USUAL) as a borrowable asset for Binance Lending (Flexible Rate). Users can view the latest interest rates and a complete list of borrowable and collateralized assets through the loan data. For new Binance Lending (Flexible Rate) orders through the Binance App, please upgrade the App to iOSv2.78.0 or Androidv2.78.0 and above. The old version of the App no longer supports the creation of new Binance Lending (Flexible Rate) orders.
