Binance launches new performance product for USDT, with rewards in XPL plasma
The Binance exchange is expanding its performance line with USDT plasma. Users can now block USDT to receive daily yields and rewards in XPL plasma.
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- Binance is expanding its performance line with USDT plasma.
- Users can block USDT to receive daily yields and rewards in XPL.
- Plasma is a new blockchain centered on stablecoins, backed by Bitfinex.
- Stablecoins -centered blockchains are emerging in the midst of Stablecoins demand.
Binancethe largest cryptocurrency exchange platform in the world, announced the launch of a new financial product within its program Binance Earn: he Usdt plasma blocked product.
This product, integrated into the line of ON-CHAIN YIELDSallows users to block their USDT to obtain daily yields in this Stablecointogether with an assignment of tokens XPL, the native network asset Plasmaafter its tokens generation event (TGE).
Innovation, which was announced on Wednesday in a blog post, has a Initial Subscription Fee of 250 million USDT, which quickly sold outas reported Binance through its account in X. This success reflects the growing interest of investors in products that combine stable yields with exposure to emerging projects in the crypto ecosystem.
The first 250m usdt quota for @plasmafdn Usdt Locked Product Has Been Filled Plasma!
More Quota May Be Coming Soon.
PLEASE STAY CLOSE TO OUR SOCIALS FOR THE NEXT FEW DAYS FOR A CHANCE TO EARN DAILY USDT REWARDS & XPL REWARDS (POST TGE). https://t.co/fhhaw810ut pic.twitter.com/wszz46pqla
– Binance (@binance) August 20, 2025
The product with USDT plasma performance
The USDT plasma blocked product allows users to subscribe their USDT for a period that extends to the XPL post-TGE event or until the subscription limit is reached.
Participants receive daily yields in USDTdistributed directly to their accounts in cash, as well as Rewards in XPL. A total of 100 million XPL (1% of the total tokens supply of Plasma) They will be distributed after the TGE. These rewards are calculated by daily snapshots of the amount signed by each user in relation to the total pool.
The product operates under a subscription model by order of arrival, with minimum and maximum subscription limits, as well as blocking requirements that can affect the annual performance percentage (APR). Users have the flexibility of making early redemptions without losing accumulated rewards, and blocked assets are returned to spot accounts within three days.
Interested users can access the product through the platform. Binance recommends reviewing frequent questions and details on the subscription page to know the limits, the estimated PR and specific conditions.
Binance He clarified that the inclusion of XPL in this product does not guarantee its list in exchange markets, nor does it imply an official support for the protocol Plasma or your token.
What is Plasma and XPL?
Plasma It is one Blockchain of layer 1 focused on Stablecoinsbacked by Bitfinexwhich seeks to offer high -speed and low -cost transactions, optimized for commercial payments, remittances and chain finance. This project, which raised 373 million dollars in a 10 -day tokens sale in July 2025, promises flows of user without commissions and fast settlements, with plans to integrate both into centralized platforms and in defi ecosystems.
XPL is the native token of the network Plasmadesigned to facilitate operations within their ecosystem and reward participants in their liquidity programs. Although a specific date for the TGE has not yet been announced, the allocation of 100 million XPL in this product of Binance It represents an opportunity for users to obtain early exposure to Token.
Binance expands its performance line
The launch of the USDT plasma blocked product is part of the strategy of Binance To expand its on-chain yields product catalog, which combines the simplicity of traditional savings products with performance strategies in Blockchain. This approach allows users to participate in cryptocurrency investment opportunities through centralized and accessible experience, without the need to interact directly with DEFI protocols.
The rapid filling the initial fee of 250 million USDT highlights the demand for products that offer stable yields in Stablecoins such as USDT, along with the possibility of obtaining emerging project tokens such as XPL. However, investors should consider that, while USDT yields are predictable, the rewards in XPL lead a speculative component, since their value will depend on the performance of Plasma After the launch of his Token.
The launch of this product reinforces the positioning of Binance as a bridge between traditional finances and the crypto ecosystem, while Plasma It is consolidated as a relevant project in the space of the Stablecoins.
With the support of Bitfinex and a successful financing round, Plasma It seeks to compete in a market where speed and low cost are key to capturing liquidity in decentralized payments and finances. Plasma, which proposes zero commissions for USDT transactions, is not the only Blockchain nascent centered on Stablecoinsand ARCincubated by CircleIt is his last competitor.
Article written with the help of AI, edited by Diariobitcoin
Edited image of Unspash
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