No blockbuster drops, but steady ecosystem signals reinforce its edge as the specialized stablecoin L1: TVL stable at $3.38B+, top lending depth, and community/KOL mentions highlighting zero-friction payments momentum.
Plasma isn't a general L1 trying everything – it's engineered for one mission: make stablecoins move like digital cash globally. Recent context from onchain data and discussions:
TVL ranks 7th overall (~$3.38B per trackers), with #2 global onchain lending market share – Aave V3 on Plasma leads in stable borrow/supply ratios, Pendle/Ethena pools adding velocity. @Plasma $XPL #plasma
Zero-fee USDT base transfers via protocol paymasters – users send without holding XPL, removing entry barriers for mainstream/remittance use.
