Binance Don Raise Di Plasma USDT Lock-Up Cap To 50,000 USDT Per User
For August 29, Binance raise the subscription limit per person for dia Plasma USDT lock-up product from 10,000 to 50,000 USDT. Dis update na epply only to individual allocation limits and allow current subscribers dem to top up to the new limit. Binance talk say no new batch subscriptions go open and the product total capacity no change. The Plasma USDT lock-up update dey give more flexibility, allowing bigger USDT commitment per account but still keep the total supply as e be. Traders fit experience changes for USDT liquidity and yield strategies because more money fit lock inside the current market constraints.
Bullish
Raising di Plasma USDT lock-up cap dey allow traders make dem fit put more USDT for Binance savings product, e reduce di spot market liquidity and e help yield opportunity well well. Similar increase in lock-up limits for stablecoin programs don dey drive demand for capital deposits for exchange before, e dey tighten di available supply and e dey support higher lending rates. For short term, e fit boost demand for USDT lock-ups and e go put pressure for yields to rise. For long term, bigger individual limits fit make people engage more with Binance savings, e fit make market confidence strong and bring more capital go locked positions.