Plasma is a modern Layer-1 blockchain built to support stablecoin transfers and global payments efficiently and cheaply. Unlike many blockchains that focus on many different applications, Plasma’s main goal is to enable fast and low-fee transfers of stablecoins like USDT all around the world. It uses a special consensus method called PlasmaBFT to provide secure and high-speed transaction processing while staying compatible with Ethereum smart contracts (EVM compatibility). This means developers can easily build decentralized apps on Plasma using familiar tools.#plasma $XPL