BITFINEX plasma has announced a strategic partnership with etherfi On August 29, the position of Neobank that focuses on Stablecoin as a one -day launch partner in Blockchain’s Mainnet Beta.
It will etherfi Transfer more than 500 million dollars From ethereum (Eth(Stokeing Vault to the platform platform, provides liquidity for the strategies supported by Stablecoin.
ETHERFI collaborates through the DEFI ecological system in plasma, providing users with additional guarantees for lending and borrowing while providing access to ETH -backed yields.
The plasma declaration confirmed how the partnership completed the goals of both platforms in Stablecoin. The protocol stated:
“Stablecoins gives everyone, everywhere, without permission to financial service to provide funds safely and reliably.”
ETHERFI is the sixth largest DEFI protocol, where the total value of more than $ 11 billion has been closed from August 29. The protocol reached the highest level ever at about $ 12.6 billion on August 14.
The infrastructure that focuses on stablecoin
The plasma works k Bitcoin Sidechain with ETHEREUM (EVM) compatibility, specially designed for Stablecoin payments and border transactions.
The platform provides zero USDT It is transmitted through a dual -spectrum structure that treats transactions without gas.
The recent market activity clarifies a great institutional interest in the plasma approach. Platform Billion dollars collected In the deposits within 30 minutes during its expansion in June, 70 % of the money focuses between the 100 best wallets according to the SEALAUNCH Analysis.
Total initial deposits in June amounted to $ 500 million, with more than 1,100 participating portfolios.
Moreover, plasma is supported by high -level names. The financing protocol attracted $ 24 million in support of Framework Ventures, BitfinexBetter Better Box Thill, and pregnancy CEO Paulo Erdino.
Defi integration integration
The etherfi partnership extends beyond the deportation of a simple cellar. Plasma users will be able to take advantage of the distinctive liquid codes from Etherfi as a guarantee while reaching Stablecoin features, including gas and secret transactions.
In addition, the partnership puts both platforms to capture the increasing demand for Stablecoin, as the sector exceeds a total of $ 280 billion.
former Portrait CEO Arthur Hayes Note recently that Etherfi is one of three DEFI protocols that can Pick a large value The expansion of the US dollar stablecoins.
ETHERFI’s commitment to the transfer of $ 500 million of ETH Staking assets in the technical engineering of plasma and location in the market within the expanded ecosystem in Stablecoin.
