Plasma immediately caught my attention for a simple reason: it’s the first Layer 1 built exclusively for stablecoins. Forget about gaming, NFTs, or speculative hype — here, we are talking 100% payments. And it’s precisely this focus that makes their value proposition so strong.
A UX designed for adoption
The architecture is designed to eliminate friction. Specifically, anyone can send USDT without having to pay fees in native tokens (Gas).
You can pay fees directly in USDT.
Better yet, some transactions are 'gasless' thanks to a third-party payer system that covers the costs.
This is exactly the type of smooth user experience (UX) that the general public expects, well beyond the crypto sphere.
Immediate institutional traction
What is most surprising is the maturity of the ecosystem right from the launch. Giants like Aave, Curve, Fluid, Ethena, and Swarm are already deployed on Plasma. The TVL (Total Value Locked) is already counted in billions with a massive supply of stablecoins. This is an extremely rare level of traction for a new chain.
Key points to remember:
⚡ Zero friction: USDT transfers with no native gas fees for the user.
💎 Solid backing: Supported by Tether, Bitfinex, Framework, DRW, and Founders Fund.
⚙️ Robust tech: EVM compatible, anchored on Bitcoin, and calibrated for high volume.
💰 Liquidity: Already more than 1.7 billion dollars of active on-chain stablecoins.
🌐 Ecosystem: More than 100 live DeFi integrations from day one.
My opinion
Plasma's greatest strength is its ability to cut through the ambient noise to focus on the most used product in crypto: stablecoins. The numbers already validate this strategy.
If the chain maintains this growth rate, it will seriously challenge the historical stablecoin networks. The momentum is clearly there.
