@Plasma processes 1,000+ transactions per second with sub-second finality. SWIFT takes days. That gap isn't incremental improvement, it's a different category of infrastructure.
The network operates across 100+ countries, handles 100+ fiat currencies, and connects to 200+ payment methods. You can onboard with local currency, convert to stablecoins, and send value globally in seconds. USDT transfers often cost zero gas fees through the protocol-level paymaster.
Compare that to traditional remittances: 1-7% fees, multi-day delays, limited operating hours. Plasma works 24/7 with near-zero costs.
The consensus mechanism—PlasmaBFT based on Fast HotStuff delivers Visa-level throughput without sacrificing security. Billions in stablecoin deposits already flow through the network. USDT balance ranks among the highest globally.
What makes this work isn't just speed. It's EVM compatibility letting developers build without learning new languages. It's backing from Paolo Ardoino and U.S. policy figures giving institutional confidence. It's 25+ stablecoins creating options for different use cases.
Plasma One neobank shows where this goes traditional banking features powered by blockchain rails. The technical infrastructure already handles massive volume. Now it's about scaling adoption.
Cross-border payments move trillions annually. Plasma's capturing an increasing share by doing what banks can't: settling instantly, operating globally, costing almost nothing.
