Quantcast

Binance opens last round to invest in Plasma USDT locked product

Bitcoin can separate money and state — David Sacks
Crypto Daybook Americas: Bitcoin (BTC) Price Hits Mid-Cycle Peak as Retail Interest in Altcoins Soars
Creating a strategic reserve with bitcoin: US states are exploring this possibility
FDIC asked banks to ‘pause’ crypto activities — Court docs
Solana: SEC rejects SOL cash ETFs
Czech Republic takes the lead in abolishing tax on certain capital gains on bitcoin
U.S. FDIC Told U.S. Banks to Lay Off Crypto, Letters Obtained by Coinbase Reveal
What next for Bitcoin after bursting $100k barrier?
Traders See Even More Bitcoin Buying Pressure as BTC Sets New Record at $103K
Key Indicators to Watch During the Bull Run to Spot the Peak
Vote of No Confidence in France: The Fall of the Government and Its Implications for Cryptocurrencies
Japan's FSA issues warnings against unregistered crypto exchanges
Trump nominates Paul Atkins to replace Gensler as SEC chair
Crypto community reacts to SEC chair Gensler's resignation
Binance survey finds crypto users prioritize earning extra income, achieving financial security
XRP returns to 3rd-largest crypto after 4-year battle with SEC
BRICS vs USA: Donald Trump warns countries that want to free themselves from the US dollar
Crypto Regulation on the Rise in Russia
Bitcoin (BTC) Dominance Tumbles as Altcoins Rumble: Crypto Daybook Americas
Bitcoin price ‘thrives in conflict’ as regional wars escalate
USA vs Europe: Are EU Banks More Open to Regulated Crypto Businesses?
Crypto Archives – When Morocco Banned Cryptocurrencies from the Country
Bitcoin Price Makes Another Run at $100K as U.S. Traders Return After Thanksgiving
Crypto boss eats banana art he bought for $6.2 million
BTC Returns to Near $94K
Crypto in USA : Ripple gives 25 million $ to Fairshake to prepare for the 2026 elections
US dollar weakness, growing money supply could fuel Bitcoin 2025 rally
Binance partners with Bitcoin MENA 2024 as Moon sponsor
Crypto aid mortgage access for low-income households says Treasury report
Bitcoin ETFs hit new record with over $3.1B in weekly inflows
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

Brian Armstrong, CEO of Coinbase, said that broader cryptocurrency use will emerge from seamless products where users benefit without engaging with the underlying systems.

Oct 22, 2025

Michael Saylor, co-founder of Strategy Inc., announced that the company has expanded its bitcoin holdings and reported a 25.9% year-to-date yield for 2025.

Oct 22, 2025

Lark Davis, founder of Wealth Mastery, advised traders to avoid leverage and risky "revenge trading" amid widespread liquidations and emphasized the importance of protecting capital.

Oct 22, 2025

Kent Lin, Co-founder of Optimum, said that Bitcoin's market capitalization is approximately 7% of gold's, suggesting that the rally in gold expands potential upside for Bitcoin.

Oct 22, 2025

Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance.

Oct 20, 2025

Edward "Coach" Weinhaus, the Founding Executive Director of the CAFE Association, emphasized that fraud is a shared problem and detailed the organization's plan to educate consumers and support responsible companies.

Oct 17, 2025