#plasma $XPL @Plasma

• Plasma is a Layer-1 (Layer 1) blockchain created with a primary focus on stablecoins and payments with them. 

• Its goal is to enable global transfers of stablecoins (like USDT) with very low or even zero fees, high speed, EVM compatibility (Ethereum contracts), and a bridge to Bitcoin. 

• Its native token is XPL, which is used as gas, for staking, for rewards, and to secure the network.