#plasma $XPL @Plasma

Plasma (XPL) is the native utility token of Plasma blockchain, a Layer-1 platform built for stablecoin payments and fast, low-cost transfers. XPL powers the network: it’s used to pay gas for smart contracts, secure the chain via staking, and reward validators. With a fixed total supply of 10 billion tokens, allocations include ecosystem growth, team & investors, and public sale. While basic stablecoin transfers (like USDT) on Plasma can be fee-free, complex operations and dApps still require XPL as gas — making it central to Plasma’s economy.