DeFi Update: Cronos Partners with AWS, Plasma Sees $7.86B Inflows, and European Banks Prepare MiCA Stablecoin

Cronos has joined forces with Amazon Web Services (AWS) with the view of accelerating the institution-wide application of Real World Assets (RWAs). The partnership offers blockchain startups scalable cloud services and up to 100,000 AWS credits, to build stronger tokenized finance applications. The move to integrate with AWS emphasizes the fact that Cronos aims to establish itself as a choice blockchain platform to RWAs as part of the 20252026 roadmap.

Plasma accrues 7.86B Net Inflows

Plasma is a Tether-anchored public blockchain that has received net inflows of $7.86 billion since its inception. Areas between September 23 and October 1, 2025 there is a positive early momentum with a high of September 25 with inflows of 3.5 billion and a net flow of the same amount. Inflows have since stabilized at approximately 1 – 2.5 billion per day, and outflows are at about 1 billion, so that net flows are approximately zero at the end of September. Plasma is a stablecoin-based DeFi, which deploys deposits in yield platforms such as Aave and Veda.

MiCA-Compliant Euro Stablecoin

A MiCA-compliant euro stablecoin is in development by nine European banks, and is expected to launch mid-2026. Within the Markets in Crypto-Assets (MiCA) framework, in which the EU applies the requirements of the program, stablecoins should address the stringent requirements such as full reserve backups, which comes into effect in 2024. The intended euro stablecoin will presumably be a category of e-money token (EMT) and one of the first significant traditional financial initiatives to conform to MiCA regulations.

Market Implications

The fast inbound flows of Plasma demonstrate how stablecoins secure DeFi ecosystems, and the AWS integration of Cronos focuses on institutionalization of tokenized finance. This European banking project also marks a move towards mainstream enforcement of blockchain in regulated systems. Nonetheless, there are still sustainability issues.