I have carefully studied the @Plasma project recently, and I am really fanned by it! Plasma is a Layer 1 chain specially designed for stablecoin payment, focusing on low cost and high efficiency. Do you know? There is no handling fee for transferring USDT on Plasma! Usually, I transfer a few hundred dollars on Ethereum or other chains, and the handling fee is tens of dollars at any time. I'm so heartbroken. Now with Plasma, it will be credited directly in seconds, and there is no need to spend a penny on gas. It is simply a miracle for cross-border payment and daily transfer.
I have tried it several times myself, and the experience is really silky. The chain is also fully compatible with EVM, and developers can directly migrate Ethereum projects without changing the code. There is also Bitfinex support behind the project. When it was online on the main network, it directly brought more than 2 billion stablecoin liquidity. Now the supply of stable coins and borrowing ratio of DeFi lending is also the highest in the whole network. The data is there, not a boast.
As a native token, the price of $XPL is still oscillating around 0.12 dollars. It just came back from a high point last month, but I think this is an opportunity to build a position. The goal of the project team is to reshape the global stablecoin infrastructure. If it can really become the main battlefield of the digital dollar in the future, the potential of $XPL is definitely more than the current market value. Compared with those air coins that speculate on the concept, Plasma really has a practical use case, and the payment scenario is very effective.
Personally, I have stocked up on some in a small position and plan to keep it for a long time. It is suggested that you also go to the official website plasma.to to read the white paper, or experience the feeling of zero-fee transfer directly on the chain. The sooner you pay attention, the sooner you benefit. Don't wait until it rises before regretting it! #Plasma , let's go together!
