Yesterday, I went to the bank and watched the rolling interest rate screen at the counter, with a savings rate of 0.01%.
I stared at that number for a long time, suddenly feeling it was absurd.
The money we earn with great effort not only doesn't generate returns, but is also gradually eaten away by the invisible hand of inflation.
This is the greatest arrogance of traditional finance: it assumes your money is dead, and to make it alive, you have to beg it.
This anxiety of holding and losing makes me suddenly slap my thigh when I see the forwarded maplefinance case.
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The ambition of Plasma: turning the dollar into 'biological'.
Many people still don’t understand this move.
Maple is not an ordinary DeFi protocol; it is synonymous with institutional-level credit.
Plasma brings it in, especially products like syrupUSDT, essentially doing something extremely disruptive.
It wants to make 'yield' the 'factory setting' of stablecoins.
Imagine if every cent of USDT in your wallet could earn institutional-level returns (like 5%-8%) just by sitting there without needing to be staked or locked up.
What does this mean?
This means that the dollars on Plasma are no longer cold, hard numbers; they have become 'living assets.'
It will grow by itself.
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The new arsenal of Neobanks
This is not only attractive to retail investors, but also a deadly temptation for those in Fintech and Neobanks.
In the past, these new banks had to buy government bonds and engage in overnight reverse repos to pay interest to users, which was incredibly complicated.
Now, as long as you connect to Plasma, the underlying Maple protocol automatically takes care of yield.
Plasma has quietly upgraded from a 'payment layer' to a 'payment + yield dual engine.'
This move is too ruthless.
It is betting on a future: the competition for stablecoins will no longer be about who can transfer money faster (everyone is fast), but about who can let holders 'earn money while lying down.'
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Powerpei's ultimate scenario deduction:
Look at the current XPL price (XPL price (0.12-$0.14)), the market clearly still treats it as an ordinary L1 for pricing.
Everyone is still measuring it with TVL and DEX trading volume.
But if Plasma truly makes this default interest-earning dollar logic work, its benchmark will no longer be Solana, but rather money market funds like Fidelity.
It will become the total wholesaler of on-chain dollar yields.
This is a paradigm shift from traffic-oriented to yield-oriented.
In this era of negative interest rates and inflation coexisting, whoever can find the safest way to increase money will be the king of the next cycle.
Plasma is using Maple as the key to open the door to earning dollar yields.
