Plasma TVL Surges Past 2 Billion USD to Rank Seventh Globally
Plasma TVL hit 2 billion USD with 80% monthly growth driven by Tether self-custody integration. Potential CLARITY Act approval fuels stablecoin payment expansion.
Monitored by Woofun AI, Plasma's total value locked surged to 2 billion USD, marking a 27% weekly and over 80% monthly increase to secure the seventh-largest blockchain position. This expansion was catalyzed by the network's selection as a primary support for Tether's self-custody wallet on April 14, alongside Ethereum and Arbitrum. The wallet enables direct trading of USDℤ, XAUℤ, USAℤ, and Bitcoin without requiring separate Gas tokens. Concurrently, market optimism regarding the potential U.S. CLARITY Act approval appears to be accelerating capital inflows into this Layer 1 stablecoin infrastructure.
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