Quantcast

Binance opens last round to invest in Plasma USDT locked product

A closer look at the tough month for spot bitcoin ETFs
ETFs on pause but investors are starting to buy back, what consequences?
Renzo is coming to Binance Launchpool: how to participate to earn REZ tokens?
Bitcoin halving was 'not priced in' despite recent correction, analyst says
Bitcoin Price Prediction: Surges to $64,500, Rare 'Epic Sat' Sells for $2.1M
Crypto: A $500 million liquidation threat on Ethereum
The European Union Strengthens Controls On Cryptos: True Or False?
Alien CryptoPunk sells for $12.5m as rare NFT trading heats up
Crypto: FTX is getting rid of its Solana, what impact on the price of SOL?
Renzo’s ezETH falls as low as $700, leading to $56m in liquidations
Meet this ex-poker tournament organizer who is launching his euro stablecoin
Bitcoin: Btc Outperforms Tesla (Tsla) Stock For The First Time Since 2019
A drawdown for DEXs: Traders on Ethereum hits lowest level since February
NEKO Cat Token Soars 7,100% and All Eyes Turn to This New Dog Coin That Just Secured $10 Million Funding
Ethereum Vs Restaking: Eigenlayer Facing A Yield Crisis?
SafeMoon CEO John Karony Claims He's "Innocent" Of Multi-Million Crypto Fraud Scheme
Shiba Inu (SHIB) raises $12 million to create layer 3 based on anonymity
Turkey's investing app Midas raises $45m to double down on crypto
Swiss Bitcoin advocates launch campaign to include BTC in National Bank reserves
Crypto & Web3: Things to watch closely this week
Find out how to transform 10 euros into 100k with Bitcoin Runes
After 6 weeks of accumulation, Ethereum ready to soar? ETH analysis of April 19, 2024
Best Crypto to Buy Now April 19 – Bitcoin, Dogwifhat, THORChain
Billionaire Mark Cuban weighs in on the bitcoin halving
Why Brevan Howard’s crypto boss plans to tap AI and blockchain opportunities
Worldcoin launches layer 2 blockchain as eye scanning venture hits 10m users
Europe dominates crypto banking with 63 providers
French Usual raises $7M with its stablecoin USD0
Binance teams up with European universities to train students in Web3
Mobicoin: Mercedes-Benz launches an ecological cryptocurrency
Binance opens last round to invest in Plasma USDT locked product
Web3/Crypto
Webp changpeng zhao 7
Changpeng Zhao, Founder for Binance | X

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.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

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.

Organizations Included in this History
More News

Vladimir Gorbunov, founder of Choise.ai, expressed concerns over bans on cryptocurrency kiosks, suggesting that such measures misdiagnose the issue of fraud.

Oct 31, 2025

Alison Jimenez, president of Dynamic Securities Analytics, said that the focus on Bitcoin ATMs overlooks the fact that most cryptocurrency scam losses occur via exchanges.

Oct 30, 2025

Chuck Callesto, a political strategist and founder of Star Political, expressed his support for President Trump's pardon of Changpeng "CZ" Zhao.

Oct 29, 2025

Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.

Oct 24, 2025

Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.

Oct 24, 2025

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.

Oct 24, 2025