Plasma Surpasses Tron in DeFi TVL
Plasma’s total value locked (TVL) jumped nearly 17% in 24 hours to $6.32 billion. It overtook Tron ($6.30 billion), Base ($5.39 billion), and Arbitrum ($4.07 billion). Plasma is now the fifth-largest blockchain by DeFi TVL. This growth reflects strong capital inflows and rising stablecoin adoption.
Data from DeFiLlama shows Plasma’s bridged TVL at $6.33 billion. The stablecoin market cap on Plasma reached $63 million. The network hosts 39 active DeFi protocols. It generates $49,422 in daily fees and grew 12% in the past week, indicating increased usage and investor confidence.
Growth Driven by Stablecoin Adoption
Plasma’s rise follows steady growth in the stablecoin sector. Its low-cost design and wallet integrations boosted on-chain activity. Many DeFi users moved liquidity from higher-fee networks like Tron.
This growth highlights Plasma’s expanding role in global stablecoin infrastructure. It offers fast, low-friction settlement rails. Plasma now challenges Base and Arbitrum, which lag in stablecoin inflows.
Trust Wallet Partnership Expands Access
Last week, Plasma announced a partnership with Trust Wallet. This integration allows over 210 million users to send, receive, and manage stablecoins on Plasma’s chain. It supports instant, zero-fee USDT transfers, benefiting users in emerging markets.
The partnership aims to improve crypto finance accessibility worldwide. It connects Trust Wallet’s large user base with Plasma’s fast, low-cost network. In regions where stablecoins serve as savings, this could boost Plasma’s users and transaction volume.
Plasma’s growing liquidity, new integrations, and stablecoin volume position it as a key blockchain infrastructure for payments.
