#plasma $XPL Plasma ($XPL ) is an innovative blockchain platform designed to optimize stablecoin transactions and decentralized finance (DeFi) applications. Launched to address the limitations of traditional blockchains, Plasma focuses on speed, low fees, and high scalability, making it ideal for both individual users and developers.

At the heart of Plasma is its PlasmaBFT consensus mechanism, a variation of Byzantine Fault Tolerance that allows the network to process over 1,000 transactions per second with near-instant finality. This makes stablecoin transfers faster, cheaper, and more reliable compared to conventional networks.