@Plasma is a Layer 1 blockchain made with one clear purpose. Make stablecoins easy to use. It went live on 2025 09 25 with its native token $XPL and a strong focus on USDT payments. On most chains, sending stablecoins means fees, gas tokens, and slow steps. Plasma removes that friction. Basic USDT transfers can be done with zero fees, making it suitable for daily payments and transfers.
Plasma works with Ethereum tools, so developers can build using Solidity and MetaMask without changing how they work. This makes it easier to create wallets, payment apps, and financial services. The network launched with deep stablecoin liquidity to support smooth transfers and user trust.
XPL powers the network. It is used for staking, securing the chain, rewarding validators, and handling advanced transactions. The total supply began at 10B tokens, released in stages to support long term stability.
Plasma stays focused. It is not chasing trends. It is building simple and reliable rails for stablecoin payments.