A whale/institution pledged 50 million USDC in the initial Plasma pledge
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Planet Daily News: According to @ai_9684xtpa monitoring, the Plasma stablecoin-specific network backed by Bitfinex and Tether completed its initial staking within 2 minutes starting at 9 PM tonight. The final XPL subscription amount will be allocated based on deposit amount and staking time. Among them, a whale/institutional address 0x790...41023 staked 50 million USDC, accounting for 20% of the individual address staking share.
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