According to Ai 姨 (@ai_9684xtpa), the initial staking round for Plasma, a stablecoin-focused network backed by Bitfinex and Tether, reached its 250 million USDT cap within just 2 minutes on June 9, 2025. The rapid completion highlights strong investor demand despite the ongoing bear market. Staking allocations for the $XPL token will be determined based on deposit size and staking duration, with major whale and institutional address 0x790...41023 contributing 50 million USDT. This aggressive capital inflow signals heightened institutional interest in stablecoin infrastructure and may catalyze further activity in DeFi and layer-2 crypto projects. Source: Ai 姨 (@ai_9684xtpa) on Twitter, June 9, 2025.