Plasma is pleased to announce a partnership with Maple Finance to open a liquidity pool, with plans to launch syrupUSDT in the future.

BlockBeats News, September 15th, Plasma announced a partnership with Maple Finance to strengthen on-chain credit layers and launch the syrupUSDT deposit pool to provide seed funding for initial liquidity.

The official statement mentioned that Plasma is the optimal deployment choice for the Maple USDT market, thus becoming the third public chain deployment of Maple. By connecting USDT liquidity with the Maple market, both parties will build a core institutional credit layer on Plasma.

Maple will collaborate with Midas to open the deposit pool, providing support for liquidity on the first day of Plasma network launch. The syrupUSDT deposit pool has a cap of $200 million, and users can deposit using major stablecoins and syrupUSDT. This will be the final deposit pool before the launch of the Plasma mainnet Beta version. The deposit pool will officially launch at 21:00 on September 16th Beijing time.

Alongside Maple's deployment, the on-chain asset management firm will also introduce syrupUSDT on Plasma and fully integrate into Plasma's DeFi ecosystem.