One of the biggest barriers to using blockchain is the complexity of operations. On many networks, users are required to hold native tokens to pay transaction fees, even when only transferring stablecoins.
Plasma aims to address this issue by allowing USDT transfers without gas fees and using stablecoins as transaction fees. This approach makes the payment experience more familiar to conventional financial services, where users do not need to worry about the technical factors behind it.
EVM-compatible Plasma, facilitating the expansion of applications
Although focused on payments, Plasma still ensures full EVM compatibility. This allows developers to easily deploy smart contracts and applications from the Ethereum ecosystem while leveraging available tools and resources.
EVM compatibility enables Plasma not to build an ecosystem from scratch, while opening up opportunities to develop applications centered around stablecoin payments such as e-wallets, payment gateways, or simple financial services.