The important milestone of going live with its mainnet beta places Plasma as one of the largest blockchains in terms of stablecoin adoption right from day one, since more than $2 billion in liquidity is brought into play. Plasma is a purpose-driven Layer-1 network for zero-fee stablecoin payments, and the Plasma chain targets global remittances, micropayments, and deep USD₮ liquidity decentralized finance ecosystems.
What makes Plasma's approach unique is the fact that it undertakes to avoid gas costs for stablecoin transactions altogether, combining strong performance and high throughput for what could reshape the way digital dollars move around wallets, exchanges, and institutional settlement rails.
The native token $XPL is also central to network security and community incentive alignment, while integration with over 100 DeFi partners extends Plasma's utility across borrowing, savings, and yield strategies.
As the ecosystem continues to develop, partnership and infrastructure support will lie at the heart of unlocking the full value of Plasma's vision for globally scalable, fee-free stablecoin payments. Follow @Plasma for network upgrade updates, application launches, and ecosystem growth: #Plasma