Plasma ($XPL) is a specialized, high-performance blockchain designed from the ground up to make stablecoin transactions (like USDT) feel like instant, cost-free internet money.
Key Highlights:
Zero-Fee USDT Transfers: Uses a "paymaster" system to remove gas fees for basic USDT sends, eliminating the need to hold volatile native tokens.
Sub-Second Finality: Powered by PlasmaBFT (a Fast HotStuff variant), it provides near-instant transaction confirmation.
Bitcoin & EVM Security: Bridges to Bitcoin for high-level security while being fully EVM-compatible for developers.
Institutional Backing: Launched with ~$2B in liquidity, backed by major industry players, and designed for compliance.
Essentially, Plasma transforms the user experience by removing gas friction, making digital dollar movements fast,cheap, and reliable.
