Plasma recently shared a new episode from its series Where Money Moves. This is episode six and it talks about big changes in finance. It focuses on stablecoins the move of banks into crypto and the launch of Plasma own token called XPL.
Let us begin with XPL.
Plasma is launching its native token XPL. This token will power the Plasma network. It will help secure the system. It will support smart contracts. It will also connect Plasma to Bitcoin. XPL is not just a trading token. It is the core engine of the network.
Only ten percent of the total supply is available in the first phase. The full value of the project is set at five hundred million dollars. This matches the value of their recent funding round. After listening to the community Plasma increased the total deposit limit to two hundred fifty million dollars. To keep it fair each person can only join up to fifty million dollars.
This shows Plasma is trying to balance demand and fairness. They want more people to take part without letting a few control everything.
Now let us talk about stablecoins.
Stablecoins are digital dollars that move fast across the world. They are cheaper than banks and work all day without delays. This is why they are growing so fast.
Big banks in the United States are now looking at stablecoins as part of their future. They see that people want faster and simpler ways to send money. Stablecoins can move across borders in seconds. No waiting. No high fees.
We also see more companies entering this space. Some payment firms now allow businesses to send stablecoins to over one hundred eighty countries. Other companies are building tools to help businesses create and manage their own stablecoins. Even central banks are testing how stablecoins can fit into national systems.
This shows that stablecoins are not a trend. They are becoming part of real finance.
The numbers prove it. There are now more than two hundred forty four billion dollars worth of stablecoins in circulation. In the last thirty days alone they moved more than four trillion dollars. This is massive. It shows that people and businesses already trust and use stablecoins every day.
Tether is still the biggest stablecoin but others are also growing. The total usage keeps rising each month.
So what does this mean for Plasma.
Plasma is building a system that supports this new financial world. Its network is designed for fast stablecoin movement. XPL will secure this system and help it grow. It will power smart contracts and support the bridge to Bitcoin.
This is not just about launching a token. It is about building the roads for future money.
My final thought.
Stablecoins are becoming normal tools for people and companies. Banks are joining. Businesses are using them. Countries are testing them.
Plasma is placing itself at the center of this change. XPL is the start of that journey. It is not only a token. It is the base for a new way money can move across the world.
