When did XPL launch?

XPL crypto launched in late September 2025 as a new Layer-1 blockchain built especially for stablecoin payments. With backing from Peter Thiel, Tether, and Bitfinex, it started strong. Within two weeks, the chain held over $6.3Bn in stablecoins and reached a total value locked (TVL) close to $8.4 billion.23 Nov 2025

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