PANews reported on March 14 that according to the official announcement, Huobi HTX's 5th pledged lending "Lending is Mining" event will be officially launched from 10:00 on March 14 to 23:59 on March 31 (UTC+8), with a total prize pool of up to 5,000,000,000 $HTX. During the event, users who participate in the current USDT lending product can share the prize pool according to the proportion of interest expenditure. The higher the accumulated interest expenditure, the more rewards. The rewards will be distributed to the spot account within 7 working days after the end of the event.

It is reported that Huobi HTX's current USDT lending product has added 19 mainstream collateralizable currencies, including LTC, TRX, DOGE, XRP, SOL, etc. At the same time, it supports users to enjoy ultra-low interest rates for large-amount loans, and can borrow and repay at any time, with flexible operations, which can meet users' diverse lending needs.