Plasma is shaking up stablecoin payments. It pushes over 1,000 transactions per second, settles blocks in less than a second, and thanks to Paymaster, you pay zero gas. You can use more than 25 stablecoins, across 100+ countries and over 200 different payment methods. Rain’s integration brings in 150 million merchants. Confirmo handles $80 million in enterprise payments every month. Tether CEO Paolo Ardoino and former US Treasury Secretary Scott Bessent are backing the project.
What really sets Plasma apart? It locks onto Bitcoin for security, but still offers EVM compatibility with Reth and super fast finality through PlasmaBFT. Stablecoin-first gas lets you send USDT without worrying about gas fees. The SyrupUSDT pool has reached $1.1 billion TVL on Maple, and Oobit now connects with more than 100 million Visa merchants. Plasma also integrates EURØP for MiCA compliance. With $7 billion in stablecoin deposits, it’s now fourth in the world for USDT balance. Chris Giancarlo and David Sacks are on board too.
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