According to an official announcement from Odaily Planet Daily, Binance is upgrading its Plasma USDT fixed-term product in response to positive community feedback.
The total amount of XPL rewards this time is 100 million XPL (1% of the total token supply). The reward calculation is similar to the snapshot method in the product launch announcement. From August 20, 2025 to September 24, 2025, user holdings will be snapshotted daily (a total of 36 days) to calculate XPL rewards.
Starting September 25, 2025, XPL rewards will be airdropped to the spot account of the same account that subscribed to the product. No user action is required. Receipt of the airdrop can be confirmed by going to Assets > Overview > History > Distributions. The status of these airdrops can also be viewed on the Binance Airdrops page. Binance will publish a separate announcement in its regular Plasma USDT product updates to notify users of the completion of the XPL airdrop distribution.
