Plasma is built as stablecoin infrastructure — think instant, near-zero-fee transfers for USDT/USDC, <1-second block times, 1000+ TPS, full EVM compatibility (so Ethereum tools/dApps work), and custom gas tokens. It uses a paymaster system so many stablecoin transfers are effectively gas-free.
Backed/mentioned by figures like Tether's Paolo Ardoino as key rails for global stablecoin scale. It's positioned for remittances, micropayments, and everyday financial use in a world where stablecoins are exploding.
Official site: plasma.to
Quick Comparison
There's also a NYSE American stock ticker XPL (Solitario Resources Corp., a small mining/exploration company, trading ~$0.74), but in crypto contexts — especially with the $ prefix — $XPL almost always means the Plasma token.