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Plasma Joins Chainlink Scale as Aave Launches on Network, Citing $6B Stablecoin Liquidity

The move gives developers real-time data, price references plus cross-chain transfers to build stablecoin payments.

Overview

  • Plasma selected Chainlink as its official oracle provider through the Chainlink Scale program.
  • Chainlink Data Streams, Data Feeds, and CCIP are available from day one to support low-latency settlement and secure cross-chain connectivity.
  • Aave is live on Plasma at launch, leveraging Chainlink infrastructure to extend stablecoin lending and movement on the network.
  • On-chain site plasmascan.to reports roughly $6–6.5 billion in stablecoin and related assets on Plasma about a week after mainnet went live.
  • Plasma’s rollout followed roughly $74 million in funding, while its token surged at listing then dropped about 50%, prompting mixed community reactions.