#plasma $XPL @Plasma
Plasma is a Layer-1 blockchain built mainly for stablecoin payments rather than speculation. Unlike most blockchains that added stablecoins later, Plasma was designed from the start to move digital dollars quickly, cheaply, and with minimal friction. Its focus is on real use cases such as payments, remittances, savings, and settlement for both everyday users and institutions.
The network is fully EVM compatible, which means developers can use the same tools and smart contracts they already know from Ethereum. Plasma uses a modern execution client called Reth and a fast consensus system known as PlasmaBFT. This allows transactions to confirm very quickly, often in under a second, giving users fast and reliable finality that is especially important for payments.
Plasma also changes how fees work. Instead of forcing users to hold a separate gas token, the network supports a stablecoin-first gas model. Fees can be paid in stablecoins, and some USDT transfers can even be gasless, with apps covering the cost. To strengthen long-term security and neutrality, Plasma anchors its state to Bitcoin, using it as an external security reference.
With stablecoins at the center and the XPL token mainly used for network security and staking, Plasma aims to be simple, practical infrastructure for digital money rather than another complex crypto platform.
