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Plasma blockchain becomes second largest USDT0 stablecoin hub with $27B inflows since Sept 2025 launch

Protocol Fundamentals
23 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Plasma, a Layer-1 blockchain built specifically for stablecoin payments and backed by Tether and Founders Fund, has quickly become the second largest destination for USDT0 stablecoin transfers, accumulating over $27 billion in inflows since its mainnet launch in September 2025. Designed for fast, fee-free stablecoin transactions with full Ethereum compatibility, Plasma enables seamless transfers across multiple blockchains and has attracted major DeFi protocols like Aave. The rapid adoption highlights the effectiveness of Plasma's purpose-built design and zero-fee model, though its heavy reliance on Tether introduces counterparty and regulatory risks. Going forward, Plasma's growth will depend on maintaining liquidity and managing these risks within the stablecoin ecosystem.

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