Quantcast

Binance opens last round to invest in Plasma USDT locked product

SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says
The Paris stock exchange falls as the Fed delays cutting its rates
DOGE: Kabosu, the dog behind the memecoin Dogecoin, died at the age of 17
Binance exec collapses in Nigerian court as health worsens in prison
WisdomTree may launch its Bitcoin and Ethereum ETPs on the London Stock Exchange
Crypto top & flop: the market pauses except for these three altcoins!
Binance assists Taiwan authorities with money-laundering scheme
A TV host becomes CEO of this crypto platform
Farcaster raises $150M for its social network built on Ethereum
Crypto Tax: 2024 Guide To Cryptocurrency Taxation In France With Waltio
Stock Market: The calm before the storm? Europe facing uncertainty over Fed decisions
Bitcoin Breaks Out Above $68K as Solana's 7% Gain Leads Crypto Rally
Venezuela Cuts Off Power to Bitcoin (BTC) Miners – What Happened?
Apu Meme Coin Skyrockets on Ethereum, Another Meme Coin Set to Surge with $15M Raised
Ethereum Foundation researcher Justin Drake discloses advisor role at Eigen Foundation
Toncoin (TON) weakens after a 62% rally in 13 days, going against the trend of the crypto market
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
Bybit, Kucoin, Bitget... Is the Financial Markets Authority (AMF) campaigning against cryptocurrencies?
Shiba Inu (SHIB) threatens to top DOGE: This crypto battle is raging!
Why regulators fear an Ethereum ETF: ‘What did we just do?’
Binance Has A Cure For Millions Of Dollars Stolen By Address Poisoning Scams
Risk-like crypto game hits $30m in volume in first week
Vanguard hires ex-BlackRock Bitcoin ETF supervisor as CEO
Millennium Management holds nearly $2 billion in spot bitcoin ETF shares
Consensys is revolutionizing crypto with Smart Transactions on MetaMask
Should you buy or sell Bitcoin according to these influential people in the industry?
Humanity Protocol raises $30M to compete with Worldcoin
Louis Vuitton-Affiliated Château d’Esclans And BlockBar To Sell $22,000 NFT Rosé Barrel
Bitcoin worth over $60 million moved for the first time in 10 years
Crypto: This is how tokenization revolutionizes real estate
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