Binance has announced the launch of the final Batch 3 quota for its On-Chain Yields Plasma USDT Locked Product. This initiative includes a total subscription cap of 500 million USDT and a reduced per-user limit to promote fairness.
According to Binance’s official announcement, the Plasma USDT Locked Product is part of its On-Chain Yields initiative, designed to enable users to participate in on-chain protocols for yield generation directly through their Binance accounts. Prior batches—Batch 1 and Batch 2—saw subscription limits fully reached within minutes, showcasing strong demand for yield opportunities. Responding to this high interest, Binance instituted the final Batch 3 with revised rules aimed at balancing demand with equitable access.
The Final Batch 3 introduces a total subscription limit of 500 million USDT, available from August 26, 2025, at 11:00 (UTC), while imposing a per-user subscription cap of 10,000 USDT to avoid disproportionate concentration by large participants. Binance made clear that this adjustment aims to foster fairness and sustainability across the entire subscription pool. Importantly, the announcement also notes that users who subscribed in previous batches will retain their positions without impact.
Binance underscored that after the Final Batch 3, there will be no further batches or increases to the total subscription cap, signaling the definitive closure of this offering. It also said that while daily USDT rewards remain consistent, XPL rewards—distributed post-token generation event—may fluctuate depending on total demand, to preserve equitable distribution. Additionally, early redemption is allowed without forfeiting accrued USDT or XPL rewards, although processing times may experience delays during periods of extreme market volatility or system constraints.
According to Binance’s official corporate overview, the exchange was established in 2017 and has since become the world’s largest cryptocurrency platform by trading volume. Binance serves a global community, offering services across spot and derivatives trading, staking, lending, institutional execution, and Web3 infrastructure. By launching On-Chain Yields products like the Plasma USDT Locked Product, Binance continues to integrate innovative decentralized finance offerings into its centralized platform, making yield generation more accessible for users without needing complex decentralized finance setups.
