Plasma’s $250M USDT Yield Program on Binance Sells Out in Under 60 Minutes

Demand for yield crushes expectations as Plasma's quarter-billion dollar offering evaporates before most traders finish their morning coffee.

Capital Floods In

Institutional and retail investors piled into the USDT-based program the moment Binance's gates opened, swallowing the entire allocation in record time. The frenzy highlights the desperate hunt for reliable returns in a market where traditional finance yields look downright prehistoric.

Yield Hunger Games

This wasn't just a sale—it was a feeding frenzy. The speed of execution suggests parked stablecoins are itching for action, waiting for any whiff of attractive APY. Meanwhile, traditional banks are still offering savings rates that barely beat inflation—if you're lucky.

When $250M disappears faster than a meme coin pump, you know the smart money is voting with its wallet. The only thing more shocking than the velocity? Watching traditional finance still trying to compete with 0.5% savings accounts.