Plasma says it’s a stablecoin-settlement L1: EVM compatible, sub-second finality, gasless USDT, stablecoin-first gas, and Bitcoin anchoring. The clearest reason to say “no” today is not that these ideas are impossible, but that they’re hard to verify from the outside. If I had to reject this today, what would be the most honest reason? It would be that the threat model and operational boundaries aren’t yet concrete enough to trust with real payment flows. Who pays for “gasless” transfers, under what rules, and what happens when sponsorship fails? What does Bitcoin anchoring change in practice, and what doesn’t it change? Until those answers are testable on a live network, “settlement” remains a claim, not a guarantee for everyday stablecoin transfers.@Plasma #plasma $XPL #Plasma

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