XPL is the native token of Plasma, a Layer 1 blockchain optimized for stablecoin payments like zero-fee USDT transfers.��
Plasma OverviewPlasma operates as an EVM-compatible network with features such as custom gas tokens and a trust-minimized Bitcoin bridge for pBTC.
� It uses PlasmaBFT consensus for fast finality, supporting high-throughput payments.
�XPL Token UsesXPL pays for transaction fees, validator rewards, and network security through staking.
�� Holders can delegate tokens to validators without running infrastructure.
�TokenomicsInitial supply stands at 10 billion XPL, with allocations including team vesting over three years post-mainnet beta.
� As of recent data, XPL trades around $0.083 USD.�