PANews reported on January 21 that according to the official announcement, Huobi HTX launched the "Lending is Mining" Spring Festival special event from 10:00 on January 21 to 23:59 on February 4 (UTC+8). During the event, users who use the pledged loan current product to borrow USDT will share a total prize pool of up to 5 billion $HTX according to the proportion of their USDT loan interest expenses to the total interest income of the platform's current USDT loan products. The greater the proportion of accumulated interest expenses, the more rewards will be shared.

It is reported that Huobi HTX's current-term pledged lending product aims to provide a low-interest, high-limit, and highly flexible lending experience, helping platform users achieve high investment returns through low-cost lending. Recently, the current-term USDT lending product has added 17 mainstream pledgeable currencies, including LTC, TRX, DOGE, XRP, SOL, etc., greatly optimizing the selection of pledged assets.