Earlier quoted context omitted.
GPS coordinates do not account for tectonic motion. It is a synthetic spheroidal model that is not fixed to any point on Earth. The meridians are derived from the average motion of many objects, some of which are not on the planetary surface. The motion of tectonic plates can be calculated relative to this spatial reference system but they are not part of the spatial reference system and would kind of defeat the purp…
The corrections are incorporated into the datum. WGS84 is updated every 6 months to follow ITRF by changing the tracking station locations as the plates move around.
Basically, these are corrections to their “fixed points” to make them behave more like actual fixed points in the reference meridian model. It doesn’t eliminate tectonic drift effects when using coordinates in that spatial reference system.