#Plasma $XPL Plasma (XPL): The Stablecoin-Native Blockchain Systems of Digital Payments.
Plasma (XPL) is a new blockchain in Layer-1, designed to support finance based on stablecoins. In contrast to general-purpose networks, Plasma is designed to integrate transfers of digital dollars (USDT and USD) at fast speeds and at low costs, which is why it is suitable in payments, remittances, and financial applications.
It is entirely EVM-compatible with the developers being able to deploy the Ethereum smart contracts without any inconvenience but enjoying the high throughput and quick finality. Plasma also adds zero-fee transfer of the stablecoins, which makes friction less experienced by the common users and businesses.
All the XPL token can fuel the ecosystem by staking, network security, governance and smart contract fees. Since stablecoins are increasingly gaining traction in the real world as a form of crypto adoption, Plasma will become part of the foundational layer of global, efficient and scalable digital finance.