Plasma (XPL) is the native cryptocurrency of the Plasma blockchain, a high-performance Layer 1 network purpose-built to be the foundational infrastructure for stablecoins and global digital payments.
Purpose-Built for Stablecoins: It's a blockchain designed specifically to enable fast, secure, and zero-fee transfers of assets like USDT.
Hybrid Technology Stack: It combines a Proof-of-Stake (PoS) consensus for speed with Bitcoin-level security via a trust-minimized bridge.
Multi-Utility Token: XPL is used for network security (staking), paying gas fees for complex transactions, and governing the ecosystem's future.
