What is Plasma ($XPL ) Plasma ($XPL ) is the first Layer 1 blockchain purpose-built for stablecoins, designed to support fast, low-cost, and scalable digital dollar transactions
There has been considerable interest surrounding the $XPL token, primarily due to its innovative approach in addressing several persistent pain points commonly encountered by existing stablecoins. This growing popularity is not without merit, as the token introduces a robust framework designed to enhance stability, transparency, and efficiency within the decentralized finance (DeFi) landscape. Read the article below to learn more about $XPL . PLASMATicker$XPLWebsitePlasma - Stablecoin infrastructure for instant paymentsNetworkPlasmaSummary of ProjectPlasma is a high-performance, scalable, and secure Layer 1 blockchain purpose-built for stablecoins. Traditional blockchains were designed long before stablecoins existed and face obstacles such as high fees, centralization risks, and failed transactions. Plasma addresses these pain points with a stablecoin-first architecture and backing from Bitfinex / USD₮₀Tokenomics10 billion XPL total supply, with distribution allocated as 40% to Ecosystem & Growth, 25% to Team, 25% to Investors, and 10% to Public Sale. All core contributors and investors are subject to a three-year vesting schedule with a one-year cliff. Further details are available in the official documentation at https://docs.plasma.to/tokenomics.Token Max Supply10,000,000,000 XPLBlockchainNative layer 1 chain using Plasma BFT Consensus (inspired by Fast Hotstuff)Year incorporated2025 What is $XPL ? What are its use cases? XPL is the native gas token of the Plasma blockchain used for transaction fees, staking and network governance. It also serves as a payments asset within Plasma’s DeFi ecosystem (partner protocols include Aave, Curve, Uniswap, Ethena). Custom gas tokens later allow users to pay fees in stablecoins while retaining XPL as the core gas asset. What sets PLASMA apart from other Web3 projects? Plasma is the first Layer 1 blockchain purpose-built for stablecoins, designed to support fast, low-cost, and scalable digital dollar transactions. It enables zero-fee USD₮ transfers, unlocking micro-transactions and everyday payment use cases. The network supports custom gas tokens, allowing users to pay transaction fees directly in USD₮ or BTC, and achieves sub-second finality through its high-performance PlasmaBFT consensus mechanism. Plasma’s state is anchored to Bitcoin, providing enhanced censorship resistance and security, while its full EVM compatibility, built on the Reth execution client, allows seamless deployment of existing Ethereum-based applications. What is the project goal of PLASMA? Plasma’s goal is to build the global settlement layer for stablecoins, enabling fast, low-cost, and reliable dollar transfers through a Bitcoin-anchored Layer 1 network. In 2025, Plasma introduced Plasma One — targeting launch in Q1 2026 — a stablecoin-native neobank and card that extends this infrastructure to end users. The application provides permissionless access to digital dollars, allowing individuals to save, spend, earn, and send USD₮ within a single platform. @Plasma #Plasma $XPL
XPL is the native utility and governance token for the Plasma blockchain, a high-performance, scalable Layer 1 network built specifically for stablecoin payments and global value transfers. Plasma aims to provide a low-cost, fast, and reliable infrastructure for digital dollars, leveraging Bitcoin's security. @Plasma #Plasma $XPL
XPL is the native gas token of the Plasma blockchain used for transaction fees, staking and network governance. It also serves as a payments asset within Plasma’s DeFi ecosystem (partner protocols include Aave, Curve, Uniswap, Ethena). Custom gas tokens later allow users to pay fees in stablecoins while retaining XPL as the core gas asset. What sets PLASMA apart from other Web3 projects? Plasma is the first Layer 1 blockchain purpose-built for stablecoins, designed to support fast, low-cost, and scalable digital dollar transactions. It enables zero-fee USD₮ transfers, unlocking micro-transactions and everyday payment use cases. The network supports custom gas tokens, allowing users to pay transaction fees directly in USD₮ or BTC, and achieves sub-second finality through its high-performance PlasmaBFT consensus mechanism. Plasma’s state is anchored to Bitcoin, providing enhanced censorship resistance and security, while its full EVM compatibility, built on the Reth execution client, allows seamless deployment of existing Ethereum-based applications. @Plasma #Plasma $XPL
There has been considerable interest surrounding the $XPL token, primarily due to its innovative approach in addressing several persistent pain points commonly encountered by existing stablecoins. This growing popularity is not without merit, as the token introduces a robust framework designed to enhance stability, transparency, and efficiency within the decentralized finance (DeFi) landscape. @Plasma #Plasma $XPL
XPLA is a Tendermint-based Layer 1 blockchain that serves as a hub for digital media content. Embracing the concept of 'Explore and Play,' XPLA supports a wide range of digital content and offers a blockchain gaming infrastructure within a sustainable ecosystem. [1] Overview XPLA Chain is an open-source blockchain that supports decentralized applications (dApps) and advanced developer tools. Based on Tendermint, it uses Byzantine Fault Tolerant (BFT) consensus to resist double-spend attacks and tolerate up to one-third of faulty nodes. The XPLA Chain can connect with other blockchains via IBC and the COSMOS SDK, making it developer-friendly. It features proof-of-stake consensus, Ethereum Virtual Machine (EVM) compatibility, and an SDK for game developers. The chain offers extensive DeFi and Play-to-Own (P2O) gaming experiences and facilitates the transition from Web 2 to Web 3. Its native token, XPLA, is used for governance and staking. @Plasma #Plasma $XPL
XPLA is a Tendermint-based Layer 1 blockchain that serves as a hub for digital media content. Embracing the concept of 'Explore and Play,' XPLA supports a wide range of digital content and offers a blockchain gaming infrastructure within a sustainable ecosystem. [1]
Overview
XPLA Chain is an open-source blockchain that supports decentralized applications (dApps) and advanced developer tools. Based on Tendermint, it uses Byzantine Fault Tolerant (BFT) consensus to resist double-spend attacks and tolerate up to one-third of faulty nodes. The XPLA Chain can connect with other blockchains via IBC and the COSMOS SDK, making it developer-friendly. It features proof-of-stake consensus, Ethereum Virtual Machine (EVM) compatibility, and an SDK for game developers. The chain offers extensive DeFi and Play-to-Own (P2O) gaming experiences and facilitates the transition from Web 2 to Web 3. Its native token, XPLA, is used for governance and staking. @Plasma #Plasma $XPL
Most blockchains today are trapped in the ambition to be multi-purpose platforms, ultimately sacrificing efficiency. As a result, stablecoin transactions, which should be the backbone of cross-border payments, are often hampered by soaring gas fees and severe network congestion. Ironically, the assets most frequently used for value transfers must compete for space with thousands of other applications on the same network. To address this challenge, Plasma exists as a Layer 1 blockchain specifically designed to bridge the needs of stablecoins. However, it is important to note that Plasma is not an exchange, trading platform, or marketplace for buying and selling crypto assets. It is also important to understand that this article is solely intended as an educational tool to dissect the technical concepts and role of Plasma (XPL) Coin in strengthening the infrastructure of the blockchain ecosystem. The XPL coin is the native utility and governance token of the Plasma blockchain, a Layer 1 network specifically designed for high-volume stablecoin payments, featuring zero-fee USD₮ transfers and EVM compatibility. Launched in September 2025, Plasma aims to provide a fast, low-cost global settlement layer for digital dollars @Plasma #Plasma $XPL
Most blockchains today are trapped in the ambition to be multi-purpose platforms, ultimately sacrificing efficiency.
As a result, stablecoin transactions, which should be the backbone of cross-border payments, are often hampered by soaring gas fees and severe network congestion.
Ironically, the assets most frequently used for value transfers must compete for space with thousands of other applications on the same network.
To address this challenge, Plasma exists as a Layer 1 blockchain specifically designed to bridge the needs of stablecoins.
However, it is important to note that Plasma is not an exchange, trading platform, or marketplace for buying and selling crypto assets.
It is also important to understand that this article is solely intended as an educational tool to dissect the technical concepts and role of Plasma (XPL) Coin in strengthening the infrastructure of the blockchain ecosystem.
Most blockchains today are trapped in the ambition to be multi-purpose platforms, ultimately sacrificing efficiency. As a result, stablecoin transactions, which should be the backbone of cross-border payments, are often hampered by soaring gas fees and severe network congestion. Ironically, the assets most frequently used for value transfers must compete for space with thousands of other applications on the same network. To address this challenge, Plasma exists as a Layer 1 blockchain specifically designed to bridge the needs of stablecoins. However, it is important to note that Plasma is not an exchange, trading platform, or marketplace for buying and selling crypto assets. It is also important to understand that this article is solely intended as an educational tool to dissect the technical concepts and role of Plasma (XPL) Coin in strengthening the infrastructure of the blockchain ecosystem.
What is Plasma (XPL) Coin? @Plasma #Plasma $XPL Plasma is a Layer 1 blockchain designed with a primary focus on stablecoin transactions. This network was built to move stable assets, such as USDT, efficiently and predictably, making it more suitable for payments and remittances than speculative crypto activities.
Most blockchains today are trapped in the ambition to be multi-purpose platforms, ultimately sacrificing efficiency.
As a result, stablecoin transactions, which should be the backbone of cross-border payments, are often hampered by soaring gas fees and severe network congestion.
Ironically, the assets most frequently used for value transfers must compete for space with thousands of other applications on the same network.
To address this challenge, Plasma exists as a Layer 1 blockchain specifically designed to bridge the needs of stablecoins.
However, it is important to note that Plasma is not an exchange, trading platform, or marketplace for buying and selling crypto assets.
It is also important to understand that this article is solely intended as an educational tool to dissect the technical concepts and role of Plasma (XPL) Coin in strengthening the infrastructure of the blockchain ecosystem.
What is Plasma (XPL) Coin?

Plasma is a Layer 1 blockchain designed with a primary focus on stablecoin transactions.
This network was built to move stable assets, such as USDT, efficiently and predictably, making it more suitable for payments and remittances than speculative crypto activities. @Plasma #Plasma $XPL
Stablecoin-focused Layer 1 blockchain Plasma has launched its mainnet and native XPL token, introducing zero-fee USDT transfers via a custom consensus called PlasmaBFT, along with over 100 DeFi integrations. Plasma bills the new network as purpose-built for global money movement. The team stated that they built an EVM-compatible chain, allowing users to send USDT without fees during the initial rollout. Partners at launch include Aave, Ethena, Fluid, and Euler, among others. As The Block previously reported, the network debuts with over $2 billion in stablecoin total value locked, making Plasma among the top 10 largest blockchains by stablecoin liquidity at launch. XPL also reached a fully diluted valuation of over $8 billion on platforms like Hyerliquid. “Stablecoins are Money 2.0,” CEO Paul Faecks said, adding that universal access to the dollar regardless of local market realities should widen investment opportunities. @Plasma #Plasma $XPL
Stablecoin-focused Layer 1 blockchain Plasma has launched its mainnet and native XPL token, introducing zero-fee USDT transfers via a custom consensus called PlasmaBFT, along with over 100 DeFi integrations.
Plasma bills the new network as purpose-built for global money movement. The team stated that they built an EVM-compatible chain, allowing users to send USDT without fees during the initial rollout. Partners at launch include Aave, Ethena, Fluid, and Euler, among others.
As The Block previously reported, the network debuts with over $2 billion in stablecoin total value locked, making Plasma among the top 10 largest blockchains by stablecoin liquidity at launch. XPL also reached a fully diluted valuation of over $8 billion on platforms like Hyerliquid.
“Stablecoins are Money 2.0,” CEO Paul Faecks said, adding that universal access to the dollar regardless of local market realities should widen investment opportunities.
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