There is a saying in the circle that safety and speed cannot coexist, but Plasma directly brings over the security foundation of Bitcoin, regularly anchoring the network status to Bitcoin. To hack it, one must first get past Bitcoin, allowing institutional funds to confidently come in.
Transfers are confirmed within 1 second, and the Gas fees are fully covered by the protocol. Users can transfer directly with USDT without having to buy anything extra, making the threshold low enough that ordinary people won't get stuck the first time they use it.
It is not a general-purpose public chain but specifically targets the trillion-dollar stablecoin payment market. The 14 billion remittance market in Vietnam, 200 million integration from Maple, and Gas-free USDT are already operational.
The current price is still hovering at a low point. Once the unlocking pressure is digested and the demand for payments surges, this bottom may be firmly established.
Those buying at the bottom are actually betting on the day when ordinary people can seamlessly use Web3 payments.