#plasma $XPL
๐ XPL & Plasma on Binance โ What You Need to Know ๐
๐น What is Plasma?
Plasma is a Layer-1 blockchain project built for stablecoin payments, optimized for high-throughput and low-cost transfers of digital dollars like USDT.
Its native token is XPL.
๐น Binance & Plasma โ The Collaboration
Binance launched a โUSDT Locked Productโ tied to Plasma, where users could lock USDT on Binance Earn and receive daily USDT yield plus a share of future XPL token rewards.
The initial deposit cap was US$250 million and filled very quickly, highlighting high demand.
Binance added XPL to its HODLer Airdrops program ahead of the tokenโs listing.
According to reports, XPL is set (or has been) to list on Binance with several trading pairs (e.g., XPL/USDT) around the mainnet beta launch of Plasma.
๐น Key Dates & Highlights
The mainnet beta for Plasma and the XPL token generation event was targeted around 25 Sept 2025.
Tokenomics: Genesis supply approximately 10 billion XPL, with ~1.8 billion circulating at day one (~18%).
Listing on Binance (and other major exchanges) aligns with the launch
