#plasma $XPL Plasma is an independent Layer 1 blockchain that uses a Proof of Stake (PoS) consensus mechanism to ensure efficiency and security. Its architecture is optimized for stablecoins, including a 'stablecoin-native' contract suite, with protocols that ensure a frictionless experience for on-chain payments. The network supports over 1000 TPS (transactions per second), block times of less than 1 second, and achieves rapid finality. Plasma is compatible with the Ethereum ecosystem and supports EVM, which means developers can easily migrate dApps and smart contracts without significant modifications. At the same time, it introduces a custom gas token mechanism, allowing users to pay fees with familiar assets like USD₮ or BTC, further lowering the barrier to entry.@Plasma @CoinTag