Backpack has announced the full integration of the Plasma network into its exchange and wallet products. The move provides Backpack users with direct access to Plasma's stablecoin-focused blockchain ecosystem.

On the Backpack Exchange, users can now trade Plasma's native token, $XPL, through both spot and perpetual markets. The platform also supports deposits and withdrawals of Plasma USDT, expanding the range of stablecoin options available. This integration is designed to bring new liquidity to the recently launched Plasma network.

For the Backpack Wallet, the update introduces the ability to swap tokens directly on the Plasma network. It also allows users to explore and interact with the developing DeFi ecosystem on the specialized blockchain. This integration signals a strategic move by Backpack to broaden its multi-chain capabilities and offer users access to new, specialized financial networks. For Plasma, the partnership provides immediate access to an established user base and trading platform.