Post
Topic
Board Service Discussion (Altcoins)
Re: Problem with USDT margin?
by
exstasie
on 12/02/2020, 21:40:28 UTC
What happened to USDT margin?
In binance its impossible to borrow USDT or BUSD.
Interest rates have raised significately

That's because traders are getting extremely bullish. When interest rates are high or there is no available USDT/BUSD for borrowing, it means traders are borrowing up all the supply to go long.

For rates to come down, longs either need to get shaken out of the market, or more stablecoin supply is needed on the lending side:
https://www.binance.com/en/lending/products?type=flexible