So much of the stablecoin action happens on Layer 2s, but where’s the dedicated settlement layer? That’s the niche @Plasma is targeting, and their approach is pretty clever. They’re building a full EVM chain so developers can use familiar tools, but then they optimize everything for stablecoins. Think gasless USDT transfers and fees paid in stablecoins—removing huge friction points for everyday payments.
What really catches my eye is the security model. By anchoring to Bitcoin, they’re aiming for that robust, neutral foundation that both retail users in key markets and institutions can trust for fast, final settlements. It’s not just another generic chain; it’s a streamlined highway built specifically for the stablecoin economy. Watching how $XPL facilitates this focused ecosystem could be key.
XPL
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