Marufsky

Stablecoins sind heimlich zu einem der wichtigsten Durchbrüche in der modernen Finanzwelt geworden. Sie sind nicht länger nur ein Nischenprodukt im Crypto-Bereich, sie entwickeln sich zu den Gleisen für die globale Geldbewegung. Plasmas kürzlicher $24M Seed und Series A Raise markiert einen entscheidenden Moment für diesen Übergang.
Geführt von Framework und Bitfinex, mit Beteiligung von großen Institutionen und respektierten Persönlichkeiten der Branche, stellt diese Finanzierungsrunde mehr als nur Kapital dar. Sie steht für Überzeugung. Überzeugung, dass Stablecoins sich von Experimenten zu Infrastruktur entwickeln, und Überzeugung, dass Plasma das richtige Fundament baut, um diesen Wandel zu unterstützen.

Moving money at a global scale is not just a technical challenge. It is a regulatory one. Stablecoins promise instant settlement borderless payments and programmable money but without licensed infrastructure they remain limited in reach and trust. Plasma understands this reality deeply. That is why it is not renting access to financial rails but owning them end to end.
Plasma is positioning itself as the chain for money by building and licensing its own payments stack. This approach allows stablecoin settlement custody exchange and payments to operate within a fully regulated framework. The goal is simple but ambitious. Make digital dollars usable everywhere by institutions businesses merchants and everyday users.
To achieve this Plasma has taken concrete regulatory steps. It has acquired a VASP licensed entity in Italy established a compliance hub in the Netherlands and hired senior compliance leadership including a Chief Compliance Officer and a Money Laundering Reporting Officer. These are not symbolic moves. They are foundational actions that signal long term commitment to operating at the highest regulatory standard.
The next phase is applying for CASP authorization under the Markets in Crypto Assets MiCA framework. This license enables compliant custody and exchange services across the European Union under a harmonized regime. Beyond that Plasma is preparing for an Electronic Money Institution license which unlocks fiat connectivity card issuing wallet accounts and access to local payment rails through sponsor banks.
Licensing matters because payments is one of the most regulated industries in the world. Relying on third party licenses introduces risk cost delays and operational fragility. When infrastructure is rented innovation slows and margins shrink. By owning the regulated stack Plasma removes third party dependency compresses costs and accelerates product launches.
This strategy directly powers Plasma One which is Plasma’s stablecoin neobank. Plasma One offers users a trusted onramp into digital dollars and makes those dollars useful in daily life. Users can save earn yield spend with cards send instantly and move value across borders without friction. All of this is possible because the underlying infrastructure is licensed compliant and built for scale.
Licenses are not just legal checkboxes. They are part of the product itself. They enable asset segregation safeguarding consumer protection and compliant exchange flows. They simplify onboarding reduce intermediaries lower fees and increase settlement speed. For partners it means integrating once and launching across multiple markets with predictable timelines.
The Netherlands plays a key role in this vision. It is one of Europe’s leading payments hubs and home to major payment service providers and merchant acquirers. By expanding its regulatory presence there Plasma gains proximity to the core of the European payments ecosystem. This positions the network to pursue EMI licensing and support card programs wallet accounts and fiat rails at scale.
As Plasma One grows the benefits extend beyond a single application. Plasma plans to license this regulated stack to other builders and partners on the network. That means merchant settlement tools corridor specific cash in and cash out programmable payouts for platforms payroll solutions and treasury management for businesses holding dollar balances at scale.
When builders and companies share the same compliant infrastructure balances connect cleanly across merchants regions and use cases. Settlement accelerates and network effects emerge. Digital dollars move faster cheaper and with greater certainty. This is how stablecoins transition from niche crypto tools into foundational financial infrastructure.
The long term impact is profound. Costs fall access widens and trust increases. Institutions gain a dependable standard for custody exchange settlement and spend. Users gain simple intuitive financial tools that work globally. Developers gain regulated rails they can build on without reinventing compliance.
Plasma is assembling the licenses that matter wiring them into the corridors where value moves and turning them into products people can trust. Plasma One is the gateway today but the infrastructure being built will power an entire ecosystem tomorrow.
That is why Plasma is not just another chain.
Plasma is the chain for money.
@Plasma

Stablecoins are no longer a niche innovation. For hundreds of millions of people, they have become a lifeline.
Around the world, individuals and businesses rely on stablecoins to store value, move money, and access dollars without permission. Exporters in Istanbul convert earnings into USD₮ to avoid currency instability. Shop owners in Buenos Aires pay employees in stablecoins because traditional banks are slow and restrictive. Traders in Dubai use USD₮ for seamless cross-border settlements, while workers globally send money home instantly using stablecoins instead of expensive remittance services.
In every one of these cases, the demand is the same. People want reliable dollars that work everywhere.
Yet despite this massive adoption, using stablecoins today still feels fragmented. Most users depend on generic crypto wallets not designed for everyday finance. Onboarding can be confusing. Cash conversions are inefficient. Payments often require centralized exchanges. The money is digital, but the experience feels outdated.
This is the gap @Plasma is addressing with Plasma One.
Plasma One is a stablecoin-native neobank built to unify saving, spending, earning, and sending dollars into one simple application. It is designed for people who use stablecoins daily, not just crypto-native users.
With Plasma One, users can spend directly from their stablecoin balance while earning competitive yields. They receive real cashback rewards on everyday purchases using both physical and virtual cards. The card works in more than 150 countries across over 150 million merchants. USD₮ transfers inside the app are instant and zero-fee, making peer-to-peer payments effortless. Onboarding takes minutes, allowing users to start spending almost immediately.
What makes #plasma different is not only its features, but its purpose.
The first pillar is global distribution. Many people are excluded from traditional financial systems, not because they lack income, but because access is limited. Plasma One puts financial infrastructure directly into users’ hands, designed around the realities of local markets. Dollars are used differently in Istanbul, Buenos Aires, and Dubai, and Plasma One is built to support those real-world use cases.
The Plasma team actively works with merchants, workers, and businesses in these regions. The feedback is consistent. While developers benefit from strong APIs and SDKs, end users need a product they can trust, open daily, and rely on for real financial activity. Plasma One is built to meet that expectation.
The second pillar is infrastructure.
Plasma One is powered by Plasma’s own onchain payments stack. By using its own technology at scale, Plasma becomes its first and most demanding customer. This approach allows the system to be tested, refined, and expanded under real global usage. Every payment and transfer strengthens the reliability of the network.
Over time, this same infrastructure will be available to external teams. Wallets, institutions, and payment providers will be able to launch on Plasma using technology already proven in production. This vertically integrated approach across chain, tooling, and application creates a powerful foundation for the broader ecosystem and strengthens the long-term value of $XPL .
Looking forward, the vision is clear.
Plasma aims to build the most efficient financial rails in the world. Stablecoins already outperform legacy systems in speed, cost, and reliability. Plasma One brings together on-and-off ramps, FX providers, card networks, and banking partners into a single, seamless interface.
The success of Plasma One looks simple but transformative. Anyone, anywhere, can download an app, access dollars, earn yield safely, spend globally, pay friends instantly, and remain in full control of their assets.
Plasma One is not about speculation. It is about access.
With a phased rollout and continuous iteration, @undefined is using Plasma One to bring the world onchain through real financial utility. This is how digital dollars become everyday money.

The One App for Your Money
For a long time, access to dollars has depended on where you live and which banking system you are part of
For many people around the world, that access is limited, expensive, or completely broken
Stablecoins changed that
Today, merchants, traders, and workers across the globe already use digital dollars to protect their income, pay employees, trade across borders, and send money home
From Istanbul to Buenos Aires to Dubai, stablecoins are no longer optional
They are essential
Yet despite this massive adoption, using stablecoins still feels difficult
Most people are forced to rely on generic crypto wallets, multiple platforms, and centralized exchanges
Turning stablecoins into something you can actually use in daily life remains a challenge
Plasma One is built to solve this problem
#Plasma @undefined $XPL
Built for How People Actually Use Money
Plasma One is a stablecoin native neobank designed for the real world
It brings everything people need into a single application
With Plasma One, users can save, spend, earn, and send digital dollars without friction
You can pay directly from your stablecoin balance while earning over ten percent yield
You can earn up to four percent cashback when spending with a Plasma One card, available both physically and virtually
The card works in more than 150 countries and over 150 million merchants
This means stablecoins finally work anywhere cards are accepted
Sending money is just as simple
Users can transfer USDT instantly and with zero fees inside the app
No banks, no delays, and no unnecessary intermediaries
Onboarding is fast and simple
Users can sign up, complete verification, and receive a virtual card within minutes
Why Plasma Is Building Plasma One
Plasma One is not just another product
It sits at the center of Plasma’s long term vision for global finance
The first reason is access
Around the world, demand for dollars is strongest where financial systems are weakest
People want a safe way to hold value and transact freely
Plasma One puts a trusted financial tool directly into the hands of those users
Instead of complex blockchain tools, people get an app they can open every day and trust with their money
The second reason is infrastructure
Plasma One is built on Plasma’s own onchain payments stack
By using its own technology at scale, Plasma can test, improve, and harden its systems under real global demand
This approach creates a powerful feedback loop
Every transaction, payment, and transfer helps make the underlying infrastructure stronger and more reliable
Over time, this same infrastructure will be available to external teams
Wallets, institutions, and payment apps will be able to build on Plasma using technology already proven in the real world
A Clear Vision for Global Money
Plasma One represents a simple but powerful idea
Money should move as easily as the internet
Plasma is building faster, cheaper, and more reliable financial rails than legacy systems
By connecting on and off ramps, FX providers, card networks, and banks into one interface, Plasma One delivers a truly global experience
The goal is clear
Anyone, anywhere should be able to download the app, access digital dollars, earn yield safely, spend with a card, and send money instantly for free
All while remaining in control of their own assets
What Comes Next
Plasma One will roll out access in stages
This allows the team to move fast, learn from real users, and scale responsibly
New features will be added as adoption grows
The long term mission is bold
To onboard billions of people into a global, onchain financial system
Plasma One is not just about stablecoins
It is about freedom, access, and trust in money
The future of finance is already here
Plasma One is making it usable for everyone
#Plasma @Plasma $XPL

Plasma Mainnet Beta Markiert ein Neues Kapitel für Globale Stablecoin-Infrastruktur
Die Einführung des Plasma Mainnet Beta stellt einen wichtigen Meilenstein in der Entwicklung von Stablecoins und Onchain-Finanzierung dar. Vom ersten Tag an betritt Plasma den Markt mit Skalierung, Liquidität und einer klaren Mission, die Grundlage für die globale Bewegung des digitalen Dollars zu werden.
Im Gegensatz zu allgemeinen Blockchains ist Plasma speziell für Stablecoins entwickelt. Bei der Einführung werden mehr als 2 Milliarden Dollar in Stablecoins im Netzwerk aktiv sein, was Plasma sofort zu einer der größten Ketten nach Stablecoin-Liquidität in der Geschichte macht. Dieses Kapital wird über 100 DeFi-Partner verteilt, darunter wichtige Protokolle wie Aave, Ethena, Fluid und Euler, um sofortige reale Anwendbarkeit statt untätiger Liquidität zu gewährleisten.

Plasma is building a new global financial system where stablecoins serve as the foundation for payments, savings, and credit. To make this vision viable at scale, Plasma focuses on creating a reliable and efficient credit layer that can transform stablecoin deposits into predictable, market grade capital. The partnership between Plasma and Aave represents a major step toward achieving this goal.
When Aave launched on the Plasma network, the Plasma team committed an initial 10 million dollars worth of $XPL tokens as part of a broader incentive program. This commitment was designed to align liquidity providers, borrowers, and long term ecosystem participants from day one. The results were immediate. Within 48 hours of Plasma mainnet launch, deposits into Aave on Plasma reached 5.9 billion dollars, later peaking at 6.6 billion dollars. This rapid inflow of capital positioned Plasma as a core venue for stablecoin based credit.
However, Plasma’s success is not defined by total value locked alone. While TVL measures deposits, borrowing activity reflects real demand for credit. On Plasma, Aave has generated approximately 1.58 billion dollars in active borrowing. Utilization rates for key assets such as WETH and USD₮0 exceed 84 percent, showing that liquidity is actively being used rather than sitting idle.
Borrowers typically access credit for two main reasons. Some aim to increase exposure to assets through leverage, while others seek to amplify yield through looping strategies. Plasma was designed with these use cases in mind. By maintaining deep liquidity and stable borrowing rates, the network enables strategies that remain viable even during periods of market volatility.
USD₮0 plays a central role in this ecosystem. It is the primary dollar denominated asset on Plasma and the main lending currency on Aave. As of November 2025, USD₮0 supply stands at approximately 1.78 billion dollars, with 1.49 billion dollars borrowed, resulting in an utilization rate of nearly 84 percent. Despite fluctuations in overall TVL, USD₮0 borrow rates have consistently remained within the 5–6 percent range. This stability is critical for institutions and advanced users who require predictable costs to manage leveraged positions responsibly.
Plasma has also benefited from productive collateral integrations. Ethena’s USDe and sUSDe generate yield directly at the asset level. On Plasma, users can deposit sUSDe into Aave to earn both Ethena yield and Aave incentives, then borrow USD₮0 against that position. This design improves capital efficiency while preserving risk discipline. Similarly, Ether.fi’s weETH provides high quality collateral for users who want to borrow against restaked ETH while continuing to earn staking rewards.
As of late November 2025, Plasma has become the second largest Aave market globally, second only to Ethereum mainnet. It accounts for roughly 8 percent of all Aave borrowing liquidity worldwide. Among markets with more than 1 billion dollars in TVL, Plasma demonstrates strong capital efficiency with a market wide utilization rate of 42.5 percent. Its 1.58 billion dollars in active borrowing is nearly double that of the third largest market, highlighting the depth and effectiveness of its credit infrastructure.
Looking ahead, Plasma aims to extend this onchain credit layer beyond DeFi. The roadmap includes deeper integrations with on ramp and off ramp providers, foreign exchange services, and licensed payments and custody infrastructure. These components are essential for connecting predictable onchain credit to real world settlement, treasury operations, and cross border payments.
Over time, this approach positions Plasma as a foundational credit layer for stablecoin infrastructure. By combining disciplined risk management, productive collateral, and real world distribution, Plasma is laying the groundwork for a scalable and sustainable global financial system.
$XPL
@Plasma ma
#plasma