#plasma $XPL @Plasma
Unlike general-purpose blockchains like Ethereum, Plasma focuses on stablecoin payment scenarios from the ground up. Its zero-fee USDT transfer feature addresses the pain point of excessively high costs for small and frequent payments on traditional blockchains, making it highly attractive in payment and DeFi scenarios.
Plasma adopts a self-developed PlasmaBFT consensus mechanism, achieving high speed and high throughput. At the same time, by anchoring the state root on the Bitcoin blockchain, it cleverly 'borrows' the powerful computational security of the Bitcoin network, providing solid support for stablecoins as a financial application.
· Strong ecological endorsement and launch advantages: As a project launched by Tether, Plasma received over $1 billion in initial liquidity injection at launch. In addition, the project has the support of top investment institutions such as Founders Fund, co-founded by PayPal's Peter Thiel, and Framework Ventures, and has integrated over 100 DeFi protocols, giving it a very high ecological starting point.