Plasma's zero Gas transfer sounds free, but it's actually a trick by the project party and institutions to cover costs. Users can easily transfer USDT, but they have to buy XPL to stake in order to maintain this experience. It's like Douyin, where users scroll without spending money, but merchants spend heavily on ads to grab traffic.
Traditional chains earn small profits from retail investors, linear and slow. Plasma targets B-end: when large apps and exchanges are integrated, they need to lock in a massive amount of XPL, creating a strong demand. This shifts the token from high-frequency small amounts to low-frequency large allocations, capturing value steadily.
Stablecoin payments represent a trillion-dollar cake; whoever grabs it wins. Plasma specializes in this area, providing free services for users, institutions get involved, and XPL rises, forming a perfect closed loop. Understand this model, and you'll realize it’s not a worthless token.