Tag: Plasma

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EtherFi Channels $500 Million Into Bitfinex-Backed Plasma

Plasma is gathering serious traction in the DeFi space. Backed by Bitfinex, the stablecoin-focused Layer 2 just landed a major partner. EtherFi, the...

Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration

Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the...

XPL Futures on Hyperliquid See $130M Open Interest Wiped Out Ahead of the Plasma Token’s Launch

The futures market for Plasma’s unreleased XPL token on decentralized exchange Hyperliquid experienced one of its most volatile trading episodes to date overnight,...

Binance USDT Yield Farming Hits Plasma Bitcoin Stablecoin Network

In brief Binance will move its USDT yield product onto the Plasma network once mainnet launches, estimated for September. Users will be able to earn...

Plasma and Binance Launches $250M USDT Yield Program with XPL Token Airdrop

Stablecoin-focused blockchain startup Plasma's new on-chain yield program with crypto exchange Binance attracted $250 million in deposits on Wednesday, reaching the facility's limit...
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