Plasma, a new Layer-1 blockchain network built to make global stablecoin payments faster, cheaper, and more reliable, today announced it has integrated NEAR Intents, a multichain router built on NEAR Protocol, to enable a new layer of cross-chain swap routes on its stablecoin infrastructure.
NEAR Intents, a multichain trading protocol developed on top of the NEAR Protocol, functions as a blockchain platform that focuses on chain abstraction. It is a multi-chain router that simplifies multichain financial operations by abstracting technical complexity from users, thus enhancing their DeFi interactions. The protocol eliminates the need for users to execute sophisticated manual actions such as bridging tokens across multiple blockchain networks, managing gas fees across numerous chains, or handling detailed aspects of wallets and decentralized operations.
Plasma Expanding Stablecoin Swap Scalability Using NEAR Intents
By integrating NEAR Intents into its stablecoin infrastructure, Plasma brings chain-abstracted, intent-based swaps directly to its blockchain ecosystem. This tech integration means that Plasma users can now efficiently move stablecoin tokens between Plasma and the rest of the blockchain networks without the sophistication and multi-step processes associated with bridging.
With its Layer-1 blockchain that focuses on stablecoin payments, Plasma aims to enhance the rising use of digital dollars in the global economy. Although stablecoins have already become one of the major applications in the DeFi landscape, existing blockchain networks were not developed specifically to meet their demands.
Plasma’s L1 blockchain is designed for high-volume stablecoin payments and providing rapid, low-cost transactions with full EVM and non-EVM compatibility. Since its launch on September 25, 2025, Plasma currently controls a TVL worth $3.20 billion, according to data from DeFiLlama, an indicator showing its rapid growth. It has quickly evolved to become a new home for global stablecoin payments, solving problems people have been struggling with in the past, like sending money (in digital dollars) across borders, making payments, but with a slow execution process, high fees, etc.
By integrating NEAR Intents into its stablecoin infrastructure, Plasma removes the complexity that separates liquidity on its network from other major chains. This means that Plasma customers can now swap tokens from any of NEAR Intents’ supported +25 blockchains directly into Plasma.
Building the Next-Gen DeFi Era
The partnership between Plasma and NEAR Intents showcases an important development that is set to redefine the way DeFi operates. As Plasma integrates NEAR Intents for stablecoin cross-chain movements, this implies that users no longer need to juggle multiple wallets or bridging platforms to move tokens across networks.
Instead, with this integration, they simply say something like “swap USDC from Plasma to another network,” and the NEAR Intents system executes the transaction instantly. This new approach creates a new era of decentralized finance development that is more secure, simplified, and scalable for users and enterprises.
