@Plasma is a Layer-1 blockchain built specifically for stablecoin payments, addressing the growing importance of digital dollars in global finance. While stablecoins dominate crypto usage, most blockchains were not designed to support them efficiently. Plasma introduces features such as zero-fee USDt transfers, flexible gas payments, and privacy-focused transactions to enable fast, low-cost, and scalable payment applications.
The network is secured by PlasmaBFT, a HotStuff-based consensus mechanism offering fast finality and Byzantine fault tolerance, while its execution layer uses Reth, an Ethereum-compatible client written in Rust. #plasma integrates stablecoin-native features at the protocol level, including a paymaster that covers gas for USDt transfers. Its native token, $XPL , powers staking, validator rewards, and standard transaction fees, forming the economic backbone of a proof-of-stake network designed for high-volume global payments.
XPL tokenomics:
