Plasma, a high-performance layer-1 blockchain designed specifically for stablecoins, has joined the Chainlink Scale program. The move provides Plasma developers with access to Chainlink's industry-standard oracle services, aiming to foster the creation of next-generation stablecoin applications. The announcement comes just a week after Plasma's launch, which saw its stablecoin supply surpass $5.5 billion.

The integration of Chainlink as the official oracle provider is a strategic step for Plasma to enhance the security and reliability of its ecosystem. By leveraging Chainlink's decentralized oracle networks, developers on Plasma can build more sophisticated and trustworthy applications, from payments to DeFi. The collaboration also involves Aave, signaling a push to increase ecosystem adoption and interoperability.

"By adopting the Chainlink standard and joining the Chainlink Scale program, Plasma is demonstrating how new layer 1 networks can launch with enterprise-grade stablecoin infrastructure from day one. With Chainlink services like CCIP, Data Streams, and Data Feeds available natively—and Aave bringing deep stablecoin liquidity to the ecosystem—Plasma is positioned to lead in building the next generation of stablecoin and onchain payment applications."—Johann Eid, Chief Business Officer at Chainlink Labs.

This partnership signals a broader trend of layer-1 blockchains seeking to attract developers by providing robust infrastructure and tools. For Plasma, a purpose-built chain, integrating with a market leader like Chainlink is a critical step in building a vibrant and secure ecosystem around its core offering of stablecoin-focused services.

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https://www.prnewswire.com/news-releases/plasma-joins-chainlink-scale-and-integrates-chainlink-as-its-official-oracle-provider-to-increase-ecosystem-adoption-in-collaboration-with-aave-302574442.html?tc=eml_cleartime