Plasma XPL Emerges as Stablecoin Powerhouse
Plasma’s XPL token and mainnet beta have rapidly transformed this project from a niche idea into one of the most talked-about blockchains in crypto. The network went live on September 25, 2025, with backing from heavyweights in the space and built specifically for stablecoin transactions, letting users move USDT without gas fees and at high throughput. The launch brought over $2 billion in stablecoins into the ecosystem on day one and positioned Plasma among the top stablecoin chains by liquidity.
Infrastructure has expanded quickly since the rollout. XPL is now listed on major exchanges with support for margin, futures, and savings products, increasing market access and utility. Wallets like Backpack have added deposits and withdrawals, making the chain easier to use for everyday holders.
Early trading post launch saw notable volatility, including sharp price swings and liquidations, reflecting strong market interest and speculation. Despite this, Plasma’s ecosystem continues building out integrations with protocols and stablecoin infrastructure partners, aiming to unlock broader global adoption. With zero-fee stablecoin rails, EVM compatibility, and institutional links, XPL and Plasma are positioning themselves as a core part of next-generation money movement.
