#plasma $XPL On January 23, 2026, Plasma, a stablecoin-focused Layer-1 blockchain, officially integrated with NEAR Intents, enabling intent-based, bridge-free cross-chain swaps across 25+ blockchains.
This allows users to move and swap USDT0 and 125+ assets across 25+ chains in a single action, without manually bridging, switching wallets, or handling gas on multiple networks
What Are NEAR Intents?NEAR Intents is a chain-abstraction protocol built on NEAR that lets users specify what they want, not how to do it.Instead of:
bridging tokens
managing multiple wallets
paying gas on several chains
Users simply submit an “intent” (e.g., “swap USDT from Chain A to Plasma”).How it works:
Express – User signs one intent message
Solve – A decentralized network of solvers finds the best cross-chain route
Settle – Transactions are finalized across chains in ~2–3 seconds
This is bridge-less, permissionless, and non-custodial. NEAR
What Plasma Brings
Plasma is a purpose-built Layer-1 blockchain for stablecoins, optimized for:
High-volume USDT payments
Fast finality
Low fees
EVM + non-EVM compatibility
Key facts:
Backed by Tether, Peter Thiel, Bitfinex
Raised $24M (Framework Ventures led)
TVL ≈ $3.2B since launch (Sept 2025)
Focuses heavily on USDT & USDT0 operations.
What the Integration Enables
Cross-Chain Swaps (25+ Chains)
Plasma joins NEAR Intents’ chain-abstracted liquidity pool
Supports 125+ assets
Works across Ethereum, Solana, Bitcoin, L2s, and more
“Users can seamlessly swap 125+ assets across 25+ major chains to and from Plasma’s native token XPL.”
blockchainreporter
USDT0 Cross-Chain Transfers
USDT0 deposits & withdrawals on Plasma are now supported
USDT0 is an omnichain version of USDT built with LayerZero
Ideal for large-volume, low-friction stablecoin settlement.
No Bridges, No Manual Steps
Previously:
Bridge-wait-pay gas-swap-repeat
Now:
One intent-one click-done
This removes:
Bridge risk
UI complexity
Liquidity fragmentation
CoinTrust
