Plasma announces partnership with Maple Finance to open a pre-deposit vault, with syrupUSDT to be launched later.

Foresight News reported that Plasma has announced a partnership with Maple Finance to strengthen the on-chain credit hierarchy and launch the syrupUSDT pre-deposit vault to provide seed funding for initial liquidity. Maple will collaborate with Midas to open the pre-deposit vault and support liquidity on the first day of the Plasma network launch. The syrupUSDT deposit vault has a cap of 200 millions USD, and users can deposit with mainstream stablecoins and syrupUSDT. This will be the final deposit vault before the launch of the Plasma mainnet Beta version. The deposit vault will officially launch at 21:00 (UTC+8) on September 16. With Maple’s deployment, the on-chain asset management firm will also launch syrupUSDT on Plasma and fully integrate into the DeFi ecosystem.