Odaily News Stablecoin issuer Circle has natively deployed USDC and EURC on the Plasma chain and launched the cross-chain transfer protocol CCTP along with Bridge Kit, providing this Layer 1 with native USD and EUR stablecoins and cross-chain transfer capabilities. CCTP enables cross-chain transfers by burning USDC on the source chain, obtaining a Circle-signed attestation, and minting an equivalent amount of USDC on the destination chain—eliminating the need for wrapped USDC or reliance on liquidity pools. Circle stated that eligible institutions can access fiat on/off ramps through Plasma, and developers can integrate USDC and EURC into their applications. Currently, USDC is natively supported on 37 blockchains, EURC on 8 blockchains, and CCTP covers 28 blockchains.

Odaily reported that Plasma has announced the launch of its innovative banking financial product, Plasma One.

Odaily reported that, according to Onchain Lens monitoring, a wallet suspected to belong to the Plasma team (0x410...12b6) deposited 150 million XPL, worth $9.64 million, into Binance 5 hours ago.

According to market news, Ramp, backed by Peter Thiel, will allow payments and consumption using stablecoin channels via Plasma.

Odaily News Crypto hedge fund Split Capital has announced its dissolution and gradual wind-down. Its founder, Zaheer Ebtikar, disclosed that he has joined stablecoin startup Plasma as Chief Strategy Officer, shifting his focus to the stablecoin sector.Zaheer Ebtikar stated that although the fund achieved returns of approximately 100% in 2024 and 20% in 2025, he believes the business model for crypto hedge funds is gradually becoming obsolete. With the launch of products like spot Bitcoin ETFs, institutional investors increasingly prefer gaining crypto asset exposure through traditional financial instruments, which erodes the competitive advantage of hedge funds. (Fortune)

Odaily News Fluid posted on platform X with an update regarding the Resolv incident: Debt repayment efforts are underway and will continue until 100% of the affected users' funds are covered. As of today, approximately $70 million in USR-related debt on the BNB and Plasma chains has been repaid, with the remaining debt to be settled in the coming days. A governance proposal to transfer the remaining USR debt positions to the team's multi-signature address for further settlement with the Resolv team has been published on-chain. A compensation plan for all affected USR users will be announced soon. All Fluid markets are secure and operating normally, and all user funds remain safe. The team will continue to provide daily updates as the situation progresses.

According to the Plasma engineering lead, they have joined Plasma and are leading the development of the flagship product Plasma One. They pointed out that as infrastructure such as account abstraction, fast settlement, and crypto payment cards gradually improves, the usability of crypto products is significantly increasing.They believe that stablecoins, as a "new form of currency," possess characteristics like globalization, permissionlessness, and programmability, but the current user experience still lags behind traditional finance. Plasma One aims to bridge this gap, creating a user experience similar to a new type of digital bank.Currently, Plasma One has entered a private testing phase. The team is accelerating product iteration and plans to open early access.

Odaily News Plasma announced on platform X that Rain is now live on Plasma. The Rain payment card allows individuals and businesses to spend Plasma USD₮ at over 150 million merchants worldwide.

Odaily reports that Coinbase Markets has announced it will add support for spot trading of Plasma (XPL). The XPL-USD trading pair will be available if liquidity conditions are met and the supported trading regions are eligible.

Odaily Planet Daily reports that today's roadmap adds two new assets: Plasma (XPL) and Toncoin (TON).