Blasma$XPL is a blockchain that relies on proof of stake and is specifically designed for stablecoins like USDT. The network supports transaction speeds exceeding 1000 transactions per second, with block times of less than one second and low operating costs. The network features dedicated gas tokens, allowing users to pay fees with stablecoins or other assets, rather than relying solely on the native token. It also offers confidential payment options and a bridge to integrate Bitcoin into smart contracts, reducing trust requirements.

The project has received investments from entities such as Founders Fund, Framework Ventures, and Bitfinex, totaling around 24 million dollars. This funding has contributed to the development of infrastructure aimed at adopting stablecoins.#pIasma #plasma $XPL #Binance