(Background Supplement: Binance announces USDC lending promotion “4% annual interest”, can the savings promotion of 12% be arbitraged?) Binance announced that it will increase the total subscription limit for Plasma’s fixed products to 1 billion USDT. Subscribing to USDT will grant daily rewards in USDT, along with XPL rewards after the TGE. The second batch of quota (250 million USDT) opened for subscription at 17:00. However, it was fully subscribed within about 5 minutes. The subsequent quota of 500 million USDT will be announced separately. Related Reports Binance Thailand CEO’s Viewpoint: The crypto travel program is bold! Leading Thailand towards financial innovation BNB continues to hit new highs + endorsement from multiple institutions, is Binance also planning to go public through a shell company? Binance earns coins Plasma USDT quota raised to 1 billion, 250 million snatched up in 5 minutes> This article was first published in BlockTempo’s “BlockTrend - The Most Influential Blockchain News Media.”
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