Today, I will talk to everyone about the value logic of XPL from the perspective of payment practicality!

When discussing the value of XPL, I prefer to focus on its core positioning as a "global digital dollar payment infrastructure." The project does not pursue a large and comprehensive ecosystem but instead focuses on the core utility of stablecoin payments, which makes its advantages particularly prominent.

As of January 2026, the TVL of stablecoins on the Plasma chain has firmly ranked second globally, with a scale between 4.5 to 5.5 billion USD, among which USDT holds an absolute dominance. Behind this data is the real application of zero-fee USDT transfers, supported by the Paymaster sponsorship mechanism.

Users do not need to hold XPL to complete payments, significantly lowering the usage threshold and making it highly attractive in high-frequency small scenarios like cross-border remittances. Additionally, the sub-second transaction confirmation achieved by the PlasmaBFT consensus further enhances the payment experience.

The upcoming private testing of the Plasma One digital bank aims to bridge offline payment scenarios through stablecoin bank cards and cashback functions, connecting crypto assets with daily payments.

In my view, the long-term value of XPL is always tied to the transaction scale and infrastructure completeness of this "payment highway," rather than short-term market sentiment.

#plasma $XPL @Plasma