So, Plasma is a Layer 1 blockchain that’s designed mainly to work with stablecoins. What makes it stand out is its compatibility with Ethereum’s virtual machine (EVM), specifically using a version called Reth. On top of that, it has this unique feature called sub-second finality, powered by something called PlasmaBFT, which essentially means transactions get confirmed insanely fast.
Plasma’s features are built around stablecoins, meaning they’ve focused on making things like USDT transfers happen without gas fees (pretty cool for anyone who’s tired of those annoying transaction costs). Plus, they’ve got a stablecoin-first approach when it comes to gas, which is kind of a game-changer for stablecoin users.
One thing that stands out about Plasma is its security. It’s anchored to Bitcoin, which gives it a strong level of neutrality and resistance to censorship—something that's becoming more important in today’s blockchain world.
The blockchain is meant to appeal to two groups: regular people (retail users) in markets where crypto is already widely adopted and institutions involved in things like payments and finance. So, it’s really trying to make things smoother for both individual users and the bigger financial players.
