📍Plasma – the Bitcoin sidechain quietly opening up a "liquidity highway" for global stablecoins & yield
📌 Partnering with Binance Earn to implement USDT deposits – earning on-chain yield not only helps Plasma reach 280 million users in an extremely natural way, but also subtly "hooks" them into the XPL ecosystem through a 1% total supply airdrop incentive for early adopters.
📌 Unlike previous Bitcoin L2s that only create narratives – Plasma has locked 1B USDT right from the public sale, successfully tested the model of "transfer stablecoin fee almost 0", EVM-compatible, integrated oracles to deploy DeFi products "just like Ethereum but secured by Bitcoin**.
📌 If we think further – Binance Earn is just the first distribution bridge before Plasma connects to other CeFi exchanges → pulling stablecoin mass adoption from Web2 to Web3 in the easiest way (just hold USDT, yield will flow to you automatically).
📌 In the context of a market that is "harvesting yield from T-bills" and thirsty for RWA assets, Plasma has the potential to become a liquidity transfer station for stablecoins in the Bitcoin ecosystem, and from there spread to Ethereum & the entire DeFi – thanks to EVM compatibility and cross-chain ease like Polygon.