Binance quickly filled its “Plasma USDT Locked” product with $250 million USDT, offering daily stablecoin returns and an XPL token airdrop.
Plasma, a blockchain supported by Bitfinex and specialized in stablecoins, aims to become the key infrastructure for USDT payments and transfers.
The integration on Binance Earn aligns interests: simplifying access to DeFi yields while boosting Plasma as a major contender in the stablecoin infrastructure war.
Plasma via Binance Earn: a Launch That Doesn’t Go Unnoticed
Binance made waves with a new product “Plasma USDT Locked” in its Simple Earn On-Chain Yields range. Users deposit their USDT and earn two rewards: daily stablecoin returns and an XPL airdrop, the native token of the Plasma network. The initial quota of $250 million USDT was filled in record time.
In essence: the appetite is huge, and it’s no coincidence. Investors no longer just want to secure their digital dollars, they seek immediate returns and exposure to fast-growing projects.
Plasma, a Network Tailored for Stablecoins
Behind this success lies Plasma, a blockchain supported by Bitfinex, designed for one thing: circulating stablecoins on a large scale, especially USDT. The pitch is simple yet powerful: fast transactions, near-zero fees, instant finality. This appeals to merchants, payment platforms, and DeFi applications.
Plasma comes well-prepared: $373 million raised in ten days this summer, a figure that already positions the project among the heavyweights of the new generation of blockchains. The stated goal is clear: to become the go-to infrastructure for stablecoin payments and liquidity transfers between CEX and DeFi.
Why Binance Is Betting Big
By integrating Plasma into its “onchain yields” catalog, Binance plays a strategic card. The most powerful centralized platform on the market offers easy access to complex blockchain strategies, without users having to juggle wallets and protocols.
The XPL bonus distributed through the airdrop is also significant. With 1% of the total supply promised to participants, Binance aligns interests: attracting liquidity massively while giving early investors direct exposure to the Plasma ecosystem.
A Strong Signal for the Ecosystem
This operation sends a clear message: the stablecoin battle now shifts to infrastructure. Where Tether and Circle compete in issuance, Plasma aims to be the technological rail that transports these digital dollars globally.
For crypto markets, the impact is twofold. On one hand, new stablecoin yields boost the sector’s appeal to cautious investors. On the other hand, the rise of specialized networks like Plasma could reshuffle the deck between generalist blockchains and targeted solutions.
In August 2025, as stablecoins already dominate onchain flows, Plasma’s entry via Binance might mark the start of a new era: where tokenized dollars become the true fuel of decentralized finance.
