Plasma announces a partnership with Maple Finance to open the pre-deposit warehouse, and will launch syrupUSDT in the future

Plasma announced a partnership with Maple Finance to strengthen the on-chain credit hierarchy and launch a syrupUSDT pre-deposit repository to provide seed funding for initial liquidity. Maple will partner with Midas to open the pre-deposit warehouse to support the first-day liquidity of the Plasma network. The syrupUSDT deposit warehouse is capped at US$200 million, and users can use mainstream stablecoins and syrupUSDT to deposit. This will be the final depository before the Plasma mainnet beta version goes live. The deposit warehouse will be officially launched at 21:00 on September 16th, Beijing time. With Maple's deployment, the on-chain asset management company will also launch syrupUSDT in Plasma and fully access the DeFi ecosystem.