Plasma and Binance Earn Deliver The First Onchain USDT Yield Product for Everyone
Plasma announce major partnership with Binance Earn to launch the first onchain USDT yield product to millions of users worldwide.
Plasma announce major partnership with Binance Earn to launch the first onchain USDT yield product to millions of users worldwide.
darwizzynft
Posted on Aug 20, 2025
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Plasma Foundation has just announced a major partnership with Binance Earn, and together, they’re bringing the first fully onchain USDT yield product to millions of users worldwide.
The initiative combines Plasma’s infrastructure with Binance’s global reach, offering seamless access to stablecoin yields at an untouched scale worldwide.
Breaking Boundaries; Backed by Binance
One of the biggest barriers for onchain financial products has been the lack of accessibility.
Whilst products like decentralised rails exist, adoption has struggled without integration into mainstream financial platforms that are familiar to the masses.
By partnering with Binance Earn and integrating within a platform that serves 280M+ users, Plasma are breaking those boundaries, and gain direct access to the world’s largest USDT market holding more than $30 billion in liquidity.
“Binance is larger than Crypto itself; for many, it serves as their financial lifeline. People use the exchange to send money to their families, pay for essential services, and secure the goods they need to survive” — Plasma
Campaign Details
Product: Plasma USDT Locked Product on Binance Earn
Asset: USDT
Start: August 20, 8:00 AM ET (Eastern Time)
End: At Token Generation Event (TGE) or once the deposit cap is reached
Incentives: 100 million $XPL (1% of supply)
Rewards: Distributed after TGE on a first-come, first-served basis
Beyond the Launch
In less than an hour after launch, the $250M USDT deposit cap was reached!
Both Binance and Plasma have confirmed that caps may be raised again soon.
The USDT yield product will remain available on Binance Earn.
Per-user subscription limits apply only during the initial campaign period, with rewards offered as incentives for early adopters. (see the product page for details and updates)
All flows will continue to settle on Plasma.
Stablecoin Scaling
Plasma builds the rails -> Binance brings the audience.
Plasma want to bring onchain yields to everyone.
Now, with Binance’s reach, the opportunity to deliver an onchain yield product to millions of people worldwide has never been greater for Plasma.
The Plasma x Binance Earn campaign merges one of the most trusted products in Crypto with infrastructure built for transparency, security and scale.
The full potential of stablecoins has never been unlocked.
Not for a global audience at an unmatched scale.
Until Plasma.
“Together, Plasma and Binance will bring the next billion people onchain.” - Plasma
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Disclaimer: The information provided in this article is NOT financial advice and has ONLY been presented for informational and educational purposes.
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