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Plasma Integrates NEAR Intents for Seamless Cross-Chain Stablecoin Swaps
Plasma, a layer-one blockchain focused on stablecoins, has integrated NEAR Intents to enhance cross-chain settlements and swaps. This integration brings Plasma into a liquidity pool with over 125 digital assets across more than 25 blockchains.
- The integration announcement was made on January 23, involving Plasma and the NEAR Protocol.
- Plasma's native token, XPL, and the USDT0 stablecoin are now part of this cross-chain network.
- Plasma raised $24 million in early 2025, supported by investors like Peter Thiel and Bitfinex.
- In September 2025, Plasma launched "Plasma One," a neobank offering over 10% yields and 4% cashback globally.
- By October 2025, Plasma integrated Chainlink after reaching $6 billion in on-chain stablecoins.
NEAR Intents and its Impact on Plasma
- NEAR Intents is a protocol developed by the Aurora team for cross-chain operations.
- It's recognized as the fastest-growing cross-chain protocol of 2025, surpassing $10 billion in total volume.
- 39% of recent cross-chain volume involves Tether's [USDT](https://holder.io/coins/usdt/), which aligns with Plasma's focus.
- The protocol saw over half a million unique addresses in the past month.
Integrating NEAR Intents enhances Plasma's connectivity with the broader crypto ecosystem, utilizing its high-performance infrastructure and industry backing.