Hello everyone, I am @Runmax , and I usually love to experiment with various encryption projects, cross-border transfers, card consumption, and so on. As the year 2026 begins, the stablecoin sector has become hot again, and I have been eyeing @Plasma for several months. To be honest, this project is different from those flashy universal chains; it focuses on one thing: making stablecoins like USDT transfer quickly, with zero fees, and being able to spend them directly. After the mainnet beta went live, I personally tried the transfers and payments, and it felt amazing! Zero gas, instant arrival, it was as smooth as using Alipay. Today, I just want to casually chat about my feelings, purely personal experience, written for the brothers at Binance Square to take a look, and it's also a way to participate in the creator activity.
First, let me explain why I'm paying attention to it. In the past, transferring USDT was either prohibitively expensive on Tron or had large gas fluctuations on Ethereum, and cross-border remittances took ages. The stablecoin market is worth trillions, transferring back and forth every day, yet there's no truly usable chain. Plasma is different; it is designed from the ground up as a Layer 1 for stablecoins, with high throughput, EVM compatibility, and native support for zero-fee USDT transfers. When I first heard about it, I thought this was the right path—stop with the games and NFTs, focus on making money move.
I tried transferring money myself, and it's really zero fees! On other chains, transferring a few hundred dollars might cost a few bucks in gas, but here it's completely free and confirmed in seconds. It uses PlasmaBFT consensus on-chain, with extremely short block times and TPS in the thousands, making payment scenarios completely smooth. Plus, it's fully EVM compatible, so contracts written on Ethereum can be directly migrated here. Developers are also happy; I've seen many protocols move over, like Aave, Fluid, and Pendle, and the TVL is skyrocketing. Now the stablecoin lending market is ranked second.
What excites me the most is the offline spending part. In the past, stablecoins were just hoarded for some yield, but now Plasma has partnered with many payment partners, allowing direct card payments. For example, the Rain card supports 15 million merchants and can be used freely on the Visa network; Oobit has also launched, allowing direct payments from wallets to Visa merchants; and LocalPay enables instant local currency conversion at millions of merchants in Southeast Asia. I have a friend in the Philippines who uses Plasma to receive remittances and then spend directly with zero fees. Previously, they would lose money through multiple deductions, but now they save a lot.
I also downloaded a few apps to try out, like Holyheld, which allows card payments and comes with an IBAN; MassPay connects with global merchant payouts. I feel stablecoins have finally transformed from 'investment products' to 'everyday money.' When traveling, carrying some USDT in the Plasma wallet lets me spend anywhere, with almost no exchange rate loss; it's so convenient!
In terms of ecology, Plasma has been very active lately. CoW Swap is up, offering MEV protection + zero gas for exchanging tokens; major exchanges like Kraken and Binance support Plasma USDT; there's also the Euro stablecoin EURØP, which earns yields through Upshift. The syrupUSDT pool's TVL exceeds 1 billion dollars, with absurdly high lending efficiency. Maple Finance has also put institutional-level assets on-chain. In short, the liquidity is astonishing, with the highest stablecoin supply/lending ratio globally.
What about the token$XPL ? It's the network's gas and governance coin, and its practicality is increasing. Staking can earn rewards, and ecological incentives rely on it. After the mainnet launch, the circulation control seems fine, with no significant selling pressure. I think there's still room for valuation, considering the trillion-dollar stablecoin market; Plasma has captured the payment entry point. Zero-fee transfers and real-world consumption are essential needs! Of course, the market has risks; I'm just playing with a small position, earning some yields for transfers.
To be honest, I am optimistic about Plasma because it is down-to-earth. Unlike some projects that boast about the metaverse and AI every day, it addresses my everyday pain points: fast money transfers, easy spending, and the ability to earn a bit. By 2026, stablecoin regulations will become clearer, and real-world adoption will definitely explode. @Plasma has many partners, ample liquidity, and stable technology; I believe it can succeed.
What about you? Has anyone used Plasma to transfer money or swipe a card? Feel free to comment and chat; I've been experimenting on-chain every day lately and would like to share my experiences. Anyway, I basically keep all my USDT in my wallet as #Plasma now; haha, it's so useful!
(PS: Purely my personal experience with the project + public information combined. Investing has risks, do your own research, and don't blindly follow.)
