Plasma ($XPL) is a Layer-1 blockchain purpose-built for stablecoin payments and fast global money movement. It focuses on enabling instant, low-cost or zero-fee transfers of stablecoins like USDT, targeting real-world use cases such as remittances, merchant payments, and digital dollar flows.
Plasma is fully EVM-compatible, so developers can deploy Ethereum-style smart contracts and decentralized applications without changing existing code. Its PlasmaBFT consensus delivers high throughput and sub-second finality, while anchoring to Bitcoin enhances security and resistance to censorship.The native token XPL powers the network — it’s used for gas fees on complex operations, staking to secure the chain, and rewarding validators. The total supply is 10 billion XPL, with allocations for ecosystem growth, team, investors, and public sale.Since its mainnet beta launch in September 2025, Plasma attracted deep stablecoin liquidity and integrations with major DeFi protocols, positioning itself as a high-performance settlement layer for stablecoin adoption worldwide.
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