Plasma Raises Deposit Limit to $1 Billion, Expanding DeFi Opportunities
The recently announced Plasma stablecoin project on the X platform will reopen its deposit limit to $500 million within the next hour (9:00 a.m. Beijing time). This move will bring the total deposit limit to $1 billion.

All deposits will be deployed to Yield on leading protocols such as Aave and Maker, through audited Veda vault contracts. The use of smart contract vaults helps ensure safety, transparency, and limit the risk of asset loss in the volatile cryptocurrency market.