The stablecoin public chain project is here, hello everyone, I am Zhe Ge, today I will share with you the basic situation of the Plasma stablecoin public chain project.
1. What pain points does it solve? In one sentence: It makes stablecoin transfers as fast and cheap as sending a WeChat red envelope!
Now using USDT and USDC, the mainnet transfers are slow and expensive, my heart is bleeding. Plasma is here to 'cure' this:
Pain point 1: High fees & low speed.It has created a dedicated high-speed chain for stablecoins, with transactions arriving in seconds, and Gas fees so low they are almost negligible, bidding farewell to the awkward situation where 'the transfer fee is higher than the transfer amount.'
Pain point 2: Ecological fragmentation. The goal is to have various stablecoins 'settle' on it, achieving seamless interoperability, so one wallet can manage all stablecoins, maximizing the experience.
2. What is positioning? Not to be a general practitioner, but to be the 'top specialized hospital' in the stablecoin track!
Its positioning is very precise: Not to be a 'universal' public chain, but to be a 'stablecoin dedicated public chain'. All technologies and ecosystems are deeply optimized for scenarios such as payments, transfers, and DeFi for stablecoins, pursuing extreme efficiency and security. It can be understood as the 'expert number' in the field of stablecoins.
3. How is the current progress? The train has departed and is speeding wildly!
The mainnet is live, and ecological construction is the current focus. It is crazily attracting various applications such as DeFi, payments, and wallets to settle in, building its own stablecoin empire. The momentum is strong, making it one of the most discussed L2 new stars recently!
Summary: If you are tired of the expensive and slow stablecoin experience, Plasma, this dedicated high-speed train, is definitely worth your attention!
