Recently, the market has been in panic, and everyone is busy rushing towards 'meme coins' or arguing about which Layer 2 runs faster.
But I have discovered an extremely abnormal data point that is wildly hinting at the truth of the next bull market. Check out Aave's lending data.
On most public chains, people borrow stablecoins to buy volatile tokens; it's leveraged gambling.
But on @Plasma ? 92% of assets are actually stablecoins.
This is not gambling. This is operating funds.
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Why is Plasma becoming the 'Swiss bank' of the crypto world?
1. The 'invisible' blockchain
Ask outsiders why they don't use Crypto? They will tell you: 'Gas fees are too troublesome.' Plasma completely solves this problem. Sending USDT is 0 Gas through Paymaster integration.
This is DeFi's 'iPhone moment'.
Users do not need to hold XPL to transfer. This frictionless experience is exactly why payment businesses are migrating here en masse. The blockchain is 'invisible'; only value is flowing.
2. From casino chips to real money
While other public chains are still competing for liquidity to pump ecosystem tokens, Plasma has quietly become the settlement layer of the real economy. The depth here is not the kind of 'mercenary funds' (Hot Money) that run away for a 20% APY. This is extremely sticky liquidity. Merchants, payment providers, and institutions park their money here because transfers are instant and free.
The huge TVL on Aave is not just sitting idle; it is being used frequently.
My calm reflection:
Many people are worried about token unlocks or feel that the TVL structure is top-heavy (Aave's proportion is too large).
For a typical L1 public chain, this is indeed a hidden danger.
But Plasma's ambition has never been to be the 'next Ethereum killer'; it aims to be Visa.
Looking at the data of massive stablecoin inflows, they not only achieved it but are also building a moat that pure speculation cannot surpass.
While the market is panicking over the K-line, I am looking at the infrastructure.
And the infrastructure only revealed one truth to me: the money has stayed.
