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Plasma participates in Chainlink SCALE, integrating Aave
Plasma, a new Layer 1 blockchain focused on stablecoins, has just partnered with Chainlink and Aave to expand its DeFi ecosystem. The project launched last week with its native token XPL and joined Chainlink's SCALE program, selecting Chainlink as its official oracle to reduce costs and increase scalability.
Aave – the largest liquidity protocol with a TVL of nearly 46 billion USD – has also integrated with Plasma. This move reflects the trend of new blockchains seeking early collaboration with top projects to build credibility and drive growth. Plasma CEO, Paul Faecks, stated that the adoption of data standards and the interoperability of Chainlink will help strengthen the stablecoin infrastructure and promote mass adoption.