$XPL Plasma is a blockchain designed for stablecoins, with XPL as its native token. The best detailed article exceeding 500 characters is the official launch @Plasma announcement for Plasma Mainnet Beta and XPL. �Key HighlightsPlasma's mainnet beta launched on September 25, 2025, with $2B in stablecoins active from day one across 100+ DeFi partners like Aave and Ethena. It aims for deep USD₮ liquidity, low borrow rates, and utility for everyday money movement. XPL powers the system, with 10% sold publicly and more distributed to community depositors. �BackgroundBuilt with community input via Echo and the Stablecoin Collective, Plasma raised $373M in commitments during its public sale. The token burn mechanism follows EIP-1559 to limit inflation as usage grows. Backed by figures like Peter Thiel and Tether, it hit $6.3B stablecoin supply shortly after launch but later dropped sharply to ~$0.20 per XPL.

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