Binance has announced the latest addition to its HODLer Airdrops program, featuring Plasma (XPL), a promising Layer-1 EVM-compatible blockchain designed specifically for high-volume, low-cost global stablecoin payments. Launching its token distribution through Binance’s innovative BNB Simple Earn subscriptions model, Plasma is set to bolster the adoption of gasless and scalable stablecoin transactions worldwide.
What is Plasma?
Purpose-built for stablecoins, Plasma addresses critical challenges in the current crypto payments landscape: high fees, slow transactions, and limited global reach. Through its proprietary PlasmaBFT consensus and security anchored by Bitcoin, Plasma enables near-instant, zero-fee transfers of stablecoins like USDT, empowering use cases such as merchant payments, remittances, and peer-to-peer value exchange.
Supporting over 100 DeFi integrations on launch day, Plasma enters the ecosystem with more than $2 billion in stablecoin liquidity, quickly positioning itself as one of the largest blockchains by stablecoin volume. Its native token, XPL, fuels network security, staking, and governance, with a total initial supply of 10 billion tokens and an innovative inflation schedule to ensure sustainable growth.
Binance HODLer Airdrops and XPL Listing
Users who subscribed BNB to Binance’s Simple Earn or On-Chain Yields between September 10 and 13, 2025, automatically qualified to receive XPL tokens as part of the airdrop distribution. These tokens will be delivered to their Binance Spot accounts a few hours before XPL’s official trading launch on September 25, 2025.
XPL trading pairs include USDT, USDC, BNB, FDUSD, and TRY, enhancing liquidity options across fiat and stablecoin markets. Binance also supports USDT deposits and withdrawals natively on the Plasma network, simplifying access for users keen on leveraging Plasma’s zero-fee transfers.
With no listing fee and supported by a robust marketing plan that includes further XPL token allocations for promotion, Binance continues to back projects aiming to revolutionise decentralised finance and payments.
XPL HODLer Airdrops Details
- Token Name: Plasma (XPL)
- Genesis Total Token Supply (Genesis): 10,000,000,000 XPL
- Max Token Supply: Infinite (5% of initial max supply in year 1 reducing by 0.5% per year with a floor at 3%)
- HODLer Airdrops Token Rewards: 75,000,000 XPL (0.75% of genesis total token supply)
- Circulating Supply upon Listing on Binance: 1,800,000,000 XPL (18% of genesis total token supply)
- Smart Contract/Network Details:
- Plasma Explorer
- BNB Smart Chain (0x405FBc9004D857903bFD6b3357792D71a50726b0)
Currently trading at around $0.70 per XPL pre-market (Binance Futures), giving a market cap of $1.26 billion at launch, and a lofty FDV of $7 billion. Will it go up or down when spot trading starts?
Why Plasma Matters
The advent of Plasma addresses a pivotal need in the crypto economy: making stablecoin payments more accessible, affordable, and scalable worldwide. Its emphasis on Bitcoin-level security and Ethereum compatibility creates a versatile platform for developers and users.
Plasma’s innovative approach, including zero-fee USDT transfers and native Bitcoin bridges, paves the way for a new generation of “Money 2.0” applications. By removing friction points for users and merchants alike, Plasma hopes to drive mass adoption of digital dollars across emerging markets and developed economies with high demand for stable currency.
Investor and User Takeaways
- XPL’s community-focused distribution rewards early subscribers and ecosystem contributors.
- The token’s inflationary model starts at 5% annually, tapering to a 3% floor, balancing incentives and sustainable supply.
- Plasma’s 100+ DeFi integrations underline strong ecosystem support from day one.
- Binance’s trusted platform ensures a smooth entry point for both retail and institutional traders.
As Plasma prepares for its mainnet beta and wider adoption, it exemplifies the growing shift in blockchain towards specialization and user-centric stablecoin infrastructure. Binance’s HODLer Airdrops program continues to foster community engagement by rewarding BNB holders with access to cutting-edge projects like Plasma. Register on Binance.com to take part in HODLer Airdrop campaigns.
For continued updates on Plasma (XPL), Binance launches, and the latest DeFi innovations, stay tuned to Cryptoglue, your trusted source for comprehensive crypto news and insights.
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