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Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration – TON BOT

Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration

Bitfinex-backed Plasma partnered with EtherFi as a launch partner for its mainnet beta. EtherFi transferred over $500 million to Plasma’s platform for stablecoin-backed yield strategies. The collaboration offers users more lending options. Plasma operates as a Bitcoin sidechain with EVM compatibility. The partnership aims to meet the increasing demand for stablecoin infrastructure.


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