#plasma @Plasma $XPL

Plasma XPL is a Layer 1 chain designed for stablecoin settlement, so it tries to make stablecoins move like everyday money. I’m following it because the design targets the moments that cause failure: slow confirmations, fee surprises, and needing a separate gas token. If you care about payments, watch finality under load, the cost of subsidies, and whether decentralization grows instead of staying a promise. Plasma stays fully EVM compatible, which means developers can reuse familiar contracts and tools, while the network aims for subsecond finality so payments reach a clear settled state quickly. The project also describes stablecoin native features such as gasless USDT transfers for simple sends, and the option to pay fees using stablecoins instead of only a native token, so onboarding can start with the asset people already hold. They’re also exploring Bitcoin anchored security as a way to strengthen neutrality and censorship resistance over time. The purpose is not to invent new finance, it is to make stablecoin settlement predictable for retail users in high adoption markets and for institutions that need reliable payment rails.