Azzu29

Key Takeaways
Plasma (XPL) is a purpose-built, EVM-compatible Layer 1 blockchain engineered specifically for stablecoin payments.At launch, Plasma claimed throughput exceeding 1,000 transactions per second and block times under 1 second, placing it in the high-performance class of blockchain systems.From an architectural perspective, Plasma layers its protocol into multiple cooperating components: an execution layer, a consensus/sequencing layer, and mechanisms for gas abstraction, paymaster logic, and bridging.Plasma’s working logic is to combine fast consensus, gas abstraction, and stablecoin-native support into a unified system that treats USD-equivalent value as a first-class asset.
XPL Token Allocation
The XPL token allocation is structured as follows:
Public Sale: 10 % (1,000,000,000 XPL)Ecosystem & Growth: 40 % (4,000,000,000 XPL)Team (and future service providers): 25 % (2,500,000,000 XPL)Investors / strategic backers: 25 % (2,500,000,000 XPL)
XPL Token Utility
The XPL token is at the heart of the Plasma ecosystem. With utilities as follows:
Gas and Transaction FeesStaking and Network SecurityValidator Rewards and IncentivesEcosystem Growth and Incentive FundingGovernance and Protocol Upgrades.
XPL Token Vesting Schedule
The XPL token vesting schedule is as follows:
Public Sale
Allocation: 1.00 billion XPLUnlock: 100% vested at TGE (1.00 billion XPL released immediately)
Team
Allocation: 2.50 billion XPLUnlock: 0% at TGEVesting: Cliff + linear release over 24 months
Investors
Allocation: 2.50 billion XPLUnlock: 0% at TGEVesting: Cliff + linear release over 24 months
Ecosystem & Growth
Allocation: 4.00 billion XPLUnlock: 20% at TGE (0.80 billion XPL), remainder vested over time.
@Plasma

Let's talk about the significance of Visa allowing banks in the United States to use Solana-based USDC for payment settlement. 1. First, it is important to clarify that payment settlement refers to the use of USDC for interbank settlements within the Visa payment system. This does not mean that ordinary consumers can directly use USDC for purchases. Therefore, this is not consumer-facing payment, but rather backend settlement between institutions, which has opened the door for the large-scale application of blockchain technology in traditional finance.
2. Previously, Visa began experimenting with USDC settlements in 2021, and starting in 2023, it has been piloting in regions such as Latin America, Europe, and Asia-Pacific, with an annual settlement volume reaching $3.5 billion. Now entering the U.S. market represents a shift of stablecoins from 'pilot' to 'mainstream.'
3) The core reason is still the efficiency of stablecoins, improving settlement speed and availability:
1) Traditional bank settlements are usually limited to business days, relying on old systems like wire transfers, which are time-consuming and costly.
2) Using USDC on Solana enables near-instant settlement, 24/7 availability, lower costs, and greater programmability, which helps banks improve liquidity management and reduce operational friction.
4) Of course, this strongly endorses both USDC and Solana.
1) USDC, as the most compliant stablecoin (fully reserved, pegged 1:1 to the dollar), has been chosen by Visa, further solidifying its position in institutional-level payment settlements.
2) This will accelerate institutional adoption of stablecoins and may drive growth in USDC circulation and market share.
But to be honest, Visa's action has a much greater endorsement effect in the early stages than the direct increase in stablecoin issuance, because the amount of funds required for bank settlements is not large; after all, settlement funds are highly liquid. Just like Visa's previous pilot settlements in Europe, Latin America, and the Asia-Pacific region, with an annual settlement volume of $3.5 billion.
Of course, this has a significant endorsement effect for Solana as well.
5) This may put pressure on traditional payment networks (such as Swift, ACH), pushing the entire payment industry towards blockchain migration. It is estimated that by 2026 it will further expand to more U.S. institutions, potentially prompting competitors like Mastercard to follow suit and stimulate more banks and enterprises to explore on-chain payments, tokenized assets, and other innovations.
The current payment systems will connect to the migration to blockchain faster and more efficientlLy.
$BTC