On August 22, COINOTAG reported that Binance Launchpool‘s coin-minting offering, the Plasma USDT fixed-term product (limited time and quantity), saw its second tranche of 250 million USDT sold out within five minutes.
Binance also announced an increase in the total subscription cap for the Plasma fixed-term product to 1 billion USDT; the second batch became available for subscription at 17:00 on August 22, 2025 (UTC+8).
The rapid subscription pace indicates pronounced demand for short-duration stablecoin allocations in yield vehicles; market participants are likely to monitor future quota releases and allocation mechanics for risk and liquidity assessment.