Cryptocurrency lending platform Maple expands to Tether-supported Plasma
Source: CoinWorld
Time: 2025-09-15 22:44:17
Maple Finance has launched syrupUSDT on the Tether-backed Plasma blockchain to expand beyond Ethereum. Users can deposit funds into Midas vaults to receive benefits and rewards linked to the Plasma mainnet release. CEO Sid Powell stressed that cross-chain earnings products are the key to improving liquidity, with the goal of achieving an asset management scale of US$5 billion by 2025. Previously, Maple Finance has expanded its business to Solana and Arbitrum, and syrupUSDC supply has recently exceeded $1 billion.