@Plasma USDT refers to a stablecoin focused crypto project built around the Plasma blockchain and its native token $XPL , which gained notable attention through a high profile collaboration with Binance. Plasma is a purpose built Layer 1 blockchain optimized for fast, low-cost stablecoin transactions, especially USDT ( Tether ), offering near-zero fees, high throughput, and sub-second settlement ideal for payments, remittances, and DeFi activities. As part of its rollout, Binance launched the “ #Plasma USDT Locked Product ” on its Binance Earn On Chain Yields platform, allowing users to lock USDT to earn daily USDT yield and participate in a 100 million XPL token airdrop distributed after Plasma ’s token generation event , an initiative that quickly reached its initial USDT cap and was later expanded to accommodate more subscriptions. The initiative has helped bridge Plasma’s on-chain yield offerings with Binance’s vast user base while highlighting growing demand for stablecoin-based DeFi products and blockchain adoption.