#plasma $XPL @Plasma

Most crypto projects want to be a whole city. Plasma reads more like a single, well-lit street: stablecoins, especially USDT, moving fast and predictably.

On their site they frame Plasma as a layer-1 built “for stablecoins from the ground up,” with a clear emphasis on fee-free payments rather than trying to host every kind of app.

What felt recently different is the tone of their updates. On Feb 11, 2026, Plasma published a long, practical piece on stablecoin wallet security—less “alpha,” more real life: how people actually lose funds (phishing, bad approvals, weak recovery) and what to do about it.

They’re also unusually specific about timelines: the docs say U.S. purchasers’ XPL fully unlocks on July 28, 2026, while non-U.S. purchasers unlock at mainnet beta launch.

And demand isn’t just internal marketing—Binance’s Plasma USDT locked product had a $250M cap that reportedly filled in under an hour.