DeFi
Aave's Plasma Market Attracts $3.5B in Deposits in 24 Hours Following $500M Token Sale
The collaboration with Aave signals Plasma's strategy to build deep liquidity and transform the stablecoin and cross-border payments landscape.
September 26, 2025
Aave's new market on the Plasma network secured over $3.5 billion in deposits within 24 hours of launching.
The deployment follows Plasma's recent $500 million fundraise through a token sale, aimed at boosting its stablecoin-focused infrastructure.
The partnership seeks to establish a highly liquid USDT market and transform stablecoin-based payments.
Aave's new lending market on the Plasma blockchain network has accumulated over $3.5 billion in deposits within its first 24 hours of operation. This rapid influx of capital follows Plasma's recent and successful $500 million fundraising round from its XPL token offering.
The launch is part of a strategic partnership between the new stablecoin-focused blockchain and the established DeFi lending protocol. The collaboration aims to create one of the most liquid markets for USDT, with the Plasma Foundation initially supplying 10 million USDT to bootstrap liquidity.
The swift accumulation of assets underscores strong market appetite for new, scalable DeFi infrastructure and yield-generating opportunities. The partnership positions Plasma and Aave to compete in the stablecoin and cross-border payments sector, leveraging Aave's robust protocol and Plasma's specialized network.
This immediate traction signals a potent go-to-market strategy: combining a significant fundraise with a high-profile DeFi integration to rapidly build on-chain value and attract users.
Don't Miss the Next Big Shift
The Stabledash newsletter keeps you off the timeline and dialed into modern money.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.