Offers 6.63% yield on GHO stablecoin deposits and 6.05% yield on USDT stablecoin deposits.

$116 million USDT was issued on Plasma by Tether on April 13, 2026.

Featured in DROPS podcast episode E34 with Chief Strategy Officer Zaheer from Split Capital discussing stablecoin neobank strategy, Plasma One product, and competitive card fee structure.

Maintains team size under 50 people as a deliberate organizational strategy.

Integrated with IPOR's Aavethena vaults deployment, offering optimized entry/exit for Aave-Ethena yield strategies.

Axis USDx, a synthetic dollar, launched natively on Plasma with $10 million minted on day one during the first tranche of its private beta.

Supports fee-free USDT transfers on PDAX exchange in the Philippines.

Zaheer Ebtikar, founder of Split Capital, joins as Chief Strategy Officer (CSO).

Hired the founder of Split Capital as an executive.

Ranks #1 among chains by Aave TVL stickiness since December 2025 according to Llama AI analysis.

Pendle pools on Plasma with Ethena assets mature on 2026-04-09, with June 2026 maturity pools available for migration.

Generated $2.5M in combined chain fees to date post-mainnet alongside Monad, MegaETH, Katana, and Ink.

XPL token is now available in New York on ZeroHash platform.

Ranked #4 on CoinMarketCap's weekly top gainers list with a +29.28% price increase.

A cluster of 6 Bitget-funded wallets deposited $1.5M and opened aggressive long positions exceeding $10M in XPL on Hyperliquid and Aster, later withdrawing approximately $3M in unrealized profit before getting liquidated.

Chainlink secures 100% market share on Plasma representing over $3 billion in value.

Experienced a stablecoin supply outflow of $35,100,000 over a 7-day period ending approximately on 2026-03-28.

Represents 60% of all USDT liquidity outside of Ethereum mainnet.

Integrated with Everclear network to enable stablecoin liquidity settlement and coordination.

Integrated with stableflowAI for USDC to USDT conversions.

Supports USDai looping at 300% on Euler Finance integration.

Powers Whop Treasury, routing USDT deposits through Veda Labs vaults into Aave lending markets, offering up to 6% APY for 21M users and $3B+ payouts.

Achieves lending rates exceeding 10% on USDT.

Became the default chain for Rumble Wallet for USDT on-ramps and tipping functionality.

Incurred 200,000 wstUSR bad debt from Fluid USR/wstUSR exploit, affecting 11.73M wstUSR on Ethereum and 11.2M USDC on mainnet. Resolv-related Frontier markets paused with $50k in loans against USR collateral.

Integrated with Hadron by Tether for stablecoin transactions, reducing USDT0 transfer times in cross-border and emerging markets.

Launched Lite USD across Ethereum, Arbitrum, and Plasma networks.

Integrated with Pendle for PT-sUSDe crosschain swaps to/from Plasma, farming on BNB Chain, and looping with auto-rollover and one-click 9x functionality, with Origami as the provider.

Stablecoin supply declined 73% from its October 2025 peak.

Secured deployment on Plasma (alongside Arbitrum and Solana) for the reUSD stablecoin protocol.

Users of the Frontier Elixir USDT vault on Plasma affected by the Stream/Elixir incident receive approximately 80% recovery on their positions, with claims available through the Elixir recovery portal.

The market cap of syrupUSDT issued by Maple Finance on Plasma reached $482.6M, representing a 113.9% increase over the past month.

Distributes $300K Plasma incentives for GHO suppliers on Fluid's Aave market from March 12th to April 9th, 2026.

Generated $61 in chain fees on March 9, 2026.

Experienced a 13.26% price decrease over a 24-hour period ending on March 6, 2026.

Ranked fastest-growing chain among top 12 by weekly growth metrics, also 9th among weekly top gainers with 25.58% price increase for week ending March 6, 2026.

Scheduled token unlock July 2026, noted in March 2026 unlock watchlists.

Mentioned as one of the chains where MetronomeDAO pairs are commonly used for ETH-USD swaps.

Reached $1.78 billion in stablecoin supply, ranking 10th among all chains.

Holds $2.23B in TVL, representing 2.5% of the total $90B locked in DeFi.

Reached $433M+ bridged to Plasma.

Executed 4.15% token unlock of 88.89M tokens, representing 10.64% of total supply, on February 25th, 2026.

Partnered with AaveChan to distribute incentives via Merit-as-a-Service infrastructure on Aave in 2025.

A trader reports earning $25M profit by depositing in the Plasma vault and selling XPL tokens during the first 72 hours after TGE.

Gained +15.27% and featured as Coin of the Day alongside Jasmy on February 12, 2026.

Integrated into Wayfinder Paths SDK version 0.2.0 as a supported blockchain.

Integrated Chainlink CRE (Cross-chain Routing Engine) services on testnet as one of 12 chains.

Integrated with TRM Labs blockchain investigation and compliance platform for transaction monitoring and analysis coverage.

experienced an X (Twitter) account hack recently, requiring assistance for recovery

Stablecoin supply on the network exceeds 2 billion USD, with 74% of that supply consisting of USDT.

integrated NEAR Intents into its ecosystem for cross-chain swap routing focused on stablecoins

Stablecoin market cap decreased by $163.8M (-7.59%) in 24 hours on January 29, 2026.

1.37B token unlock scheduled for 2026-01-21, representing 39.75% of total supply.

Holds largest onchain liquidity pool for syrupUSDT at $200M, hosts 53% of syrupUSDT deployment vs. Ethereum's 41%.

Identified as a major brand vertically integrating to replace the traditional banking system alongside Circle Arc and Stripe's Tempo in a year-ahead report by Delphi Digital.

Integrated with CoW Swap for gas-free, MEV-protected token swaps, sends, and bridges, and supports zero-fee USDT transfers as a Layer 1 blockchain.

USDT liquidity within DeFi reached $3.06 billion, up 25% from a low of $2.5 billion in early November 2025, with approximately 71% of this USDT sitting in Aave V3.

Morph Network launched a $150M Payment Accelerator program to incentivize payment companies, financial institutions, remittance providers, card issuers, and payment gateways to process real money onchain on Morph mainnet, with rewards scaling based on verified payment volume and integration grants available for companies committing significant annual flow.

Received coverage in Pluid's weekly crypto roundup for December 2025 update in the stablecoins section.

Launched Plasma One private beta, the first stablecoin-native neobank, enabling USDT payments and requiring an access code on March 17, 2026.

Integrated with ShapeShift platform, enabling swap functionality for plasma tokens.

Featured by Apeiron Invests as one of their disruptive portfolio companies alongside Enhanced Games, ATAI, and Cambrian Bio.

Deployed on Safe {Wallet} platform in 2025 as one of 14 new networks receiving Smart Account standards integration.

Launched late 2025 with $2B liquidity, reached $2.98B TVL by December 30, 2025, growing over 30% in one month driven by stablecoin flows.

Recorded $50 million in inflows over a 24-hour period ending around December 30, 2025.

Achieved +22.25% price gain during the week ending December 29, 2025, ranking 4th among top weekly gainers tracked by CoinMarketCap.

Achieved 28% transaction growth over the 7-day period ending December 29, 2025, ranking second among major chains tracked.

TGE described as "terrible" example of high-FDV, low-float launches that are difficult proxies for betting on RWA and tokenization growth.

Has a market capitalization of $224 million.

Raised funding at a $500 million valuation in its first round.

Conducted an ICO at $500M FDV with institutional parity, offering retail investors the same valuation as Peter Thiel's Founders Fund, and enforcing alignment via forced mainnet bridging.

Nominated for "Best In Stablecoins" award by The Rollup, with winner announcement scheduled for December 30th, 2025.

Unlocks 88.88M XPL tokens on December 25, 2025, 4.52% of total supply.

wstUSR market cap on Plasma increased close to 100% over the past month.

Gearbox Protocol deployed to plasma as part of its expansion to 25+ EVM chains in 2025.

Fluid protocol offers 5-10% APY for stablecoin lending on the chain, accessible via Jupiter Lend.

Team opens full-time Research Engineer position in London. Multiple tweets accuse team of paying influencers for promotional posts and manipulating token price downward.

Launches PT-sUSDai Pendle pool with 13.81% yield, March 19 expiration, and Euler looping. Also launches sUSDai vaults: sUSDai/USDC, sUSDai/USDT, sUSDai–USDC/USDC–USDT, and sUSDai–USDT/USDT–USDC pairs. Offers sUSDai leverage strategy on Fluid yielding up to 45% stable APR.

Token hits fresh all-time low after 92% decline over 2.5 months.

Stablecoins on the platform are worth 7X more than the chain that secures them.

Pendle returns USDe and sUSDe liquidity pools on Plasma on 2026-06-18, featuring PT-sUSDe pool with 9.54% yield expiring April 9, 2026, and XPL rewards, Sats.

Liquidity providers in Penpie pools indexed on Merkl earn ongoing WXPL rewards up to 4.6% APR alongside boosted PENDLE yields and loyalty points. (ID: 2000146188318736861)

Combined market cap of XPL + MON + STABLE is approximately $1bn compared to XPL's $1.3bn market cap before October 10th, showing capital fragmentation across the ecosystem. Upcoming token generation events for FOGO and MEGAETH expected soon, representing additional dilution events for the ecosystem.

Large holder exits entire $XPL position at mid-seven figure loss (-85% from entry). Team allegedly distances from token discussion in communications and treats token holders negatively in official Telegram and Discord channels.

50% of the token supply allocated to team and investors remains locked and has not yet unlocked, representing future selling pressure.

Community members publicly discuss pursuing a class action lawsuit, with direct inquiries to crypto lawyers about organizing legal action against the project.

Maple Finance syrupUSDT and syrupUSDC are live on Plasma as part of an Aave integration launched September 2025. Maple assets on Aave reach $600M+ in total deposits across Ethereum and Plasma.

USDT on Plasma goes live on Mudrex trading platform.

Hiring Associate General Counsel (US remote), Research Engineer (London), and Principal DevOps Engineer (London, remote). XPL token down 82%.

Pendle adds new Plasma pools for sUSDe and USDe with April 2026 maturity as part of Plasma Parade campaign with XPL rewards, and Pendle YT Plasma USD Vault reports $88,110 TVL with 275% APR.

Equilibria integration enables vePENDLE boosted yields for PlasmaUSD positions with additional WXPL rewards claimable through Merkl.

Launched on Polygon with $5.9 billion in Aave deposits within 48 hours on January 15, 2026, becoming the 2nd largest Aave market. Daylight pre-deposit vault launching.

The project repositioned from Bitcoin L2 to L1 EVM chain after fundraising completion.

Masspay, a payment service provider processing over $10B annually, completes its first-ever chain-level integration with Plasma for merchant payment rails, yield, and USDT stablecoin liquidity.

Tether's gold-backed token XAUT market cap increased 269.4% in the past month on Plasma.

Maple Finance integrates with Plasma and Aave.

Over 30 exchanges now support USDT deposits and withdrawals on Plasma network. Tether invested $50,000 into Plasma according to community discussion.

Kraken exchange adds USDT support on Plasma network for deposits and withdrawals.

New sUSDe and USDe pools from Ethena Labs launch soon on Penpie, offering WXPL rewards claimable on Merkl and boosted PENDLE yields.

Trading promotion launches with 4,270,000 XPL token vouchers available. Plasma pools add new maturities for sUSDe and USDe expiring April 9, 2026.