Binance Launches $250M USDT Yield Program in Partnership with Plasma

Binance and its partner, Plasma, launched a USDT yield farming program with an initial investment of $250 million. The program reached its deposit cap within just one hour on August 20, 2025, demonstrating strong market interest and potential for DeFi product development. Experts see this as a significant indication of the growing demand for decentralized finance (DeFi) products and their impact on global liquidity dynamics.