#Plazma

Purpose: Designed for stablecoin-focused, high-volume payment rails, functioning similarly to a "neo bank".

Technology: Uses PlasmaBFT consensus (based on Fast HotStuff) for security and efficiency.

Fees: Implements a Paymaster Smart Contract, allowing users to pay transaction fees with stablecoins (like USDT) instead of just the XPL token.

Market Position: As of Jan 2026, the project has experienced high volatility following its launch, with a focus on building out its ecosystem.

Supply: The genesis total supply is 10,000,000,000 XPL.