Binance and its partner Plasma have launched a new product offering on-chain yield opportunities for USDT users. This innovative initiative achieved a $250 million USDT cap within days of launch, indicating significant market demand. 💰 Participants stand to gain both daily rewards in the form of USDT and XPL tokens upon project participation. 🤝 The product has spurred substantial changes in USDT liquidity, resulting in increased inflow into Binance’s yield positions on their platform. This could impact broader DeFi activity as other yield products face increased attention. 📈 The new product, launched by Binance and Plasma on August 20, 2025, offers users access to lucrative yield opportunities through Binance Earn’s platform. This launch marks a significant development in the yield product landscape and will likely influence USDT liquidity flows and user behavior within the DeFi space. 🚀