Plasma is designed specifically for stablecoins, particularly USDT, serving as a settlement layer. Plasma offers near-instantaneous transactions with zero transaction fees and is natively compatible with the Ethereum Virtual Machine (EVM), enabling payments, transfers, and decentralized finance (DeFi). Unlike public blockchains, Plasma focuses on high-frequency "digital dollar" flows and practical applications. Plasma achieved over $2 billion in stablecoin liquidity at launch and has garnered strong support from institutions and the ecosystem. The XPL token emphasizes utility, supporting consensus mechanisms and pegging, rather than speculation.
XPL
0.1319
-8.33%