Stablecoin project 'Plasma' deposits $1 billion into Aave protocol

Source
Son Min

Summary

  • 'Plasma' reportedly deposited $1 billion, raised through a public offering, into the Aave protocol.
  • Marc Zeller, Aave co-founder, stated, 'Plasma has deposited $1 billion into the Aave protocol.'
  • Four Pillars positively assessed that Plasma is collaborating with major stablecoin projects and fintech companies.

The stablecoin project 'Plasma' has reportedly deposited $1 billion, raised through a public offering, into the Aave protocol.

On the 17th (local time), Aave co-founder Marc Zeller announced via X (formerly Twitter), "Plasma has deposited $1 billion into the Aave protocol."

Previously, research firm Four Pillars positively assessed, "Although Plasma is a project that has only been public for half a year, it is already collaborating with major stablecoin projects and fintech companies."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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