Listing of the new Plasma (XPL) currency on the Binance platform

Binance has announced the listing of the Plasma (XPL) currency — a first-layer blockchain designed for fast payments and transfers using stablecoins like USDT with almost no fees.

It is characterized by its compatibility with EVM (meaning it supports smart contracts like Ethereum) and operates at high speed thanks to the PlasmaBFT system.

The project aims to make global financial transfers faster and cheaper, support DeFi projects and smart applications, and build a robust ecosystem based on the XPL currency, which is used to pay fees, reward validators, and support future development.

Official source

https://www.binance.com/en/support/announcement/detail/b00f28d55c924614b1953484c64dd6f9