Plasma is a Layer 1 chain specifically designed for stablecoin payments, with a super straightforward goal: transfers need to be incredibly fast, with almost no fees, and must be secure and reliable, eliminating the bottlenecks that many chains currently face in high-frequency payments.

Its best feature is its "stablecoin native" capability—directly supporting zero-fee USDT transfers, customizable gas, and privacy payments without needing to deal with messy middleware, making it extremely smooth to use. It uses their own PlasmaBFT consensus, capable of over a thousand TPS, with confirmation times of less than a second, and can withstand small network failures. EVM is fully compatible, allowing developers to work without major changes to their code.

Additionally, they have created a Bitcoin bridge, allowing BTC to be safely utilized in the EVM. The total supply of XPL tokens is 10 billion, with 40% allocated for the ecosystem, 25% for the team and investors each, and 10% for public sales. The inflation management is decent, starting at 5% and gradually decreasing to 3%, also burning gas to maintain balance.

They launched with 2 billion USDT in liquidity, connecting with over 100 countries and more than 200 payment methods. In short, Plasma aims to provide a truly global payment foundation for stablecoins, allowing digital dollars to be spent as freely as cash. The direction is clear, and it is indeed positioned at the forefront of the current major trend. @Plasma $XPL #plasma