I just woke up this morning, and my phone hadn't even had a chance to be set down before a bank notification popped up in the notification bar.
A message that instantly wakes you up—“There is an anomaly in your account, please contact the bank for verification.” At that moment, I didn't even fully react; I just instinctively sat up, and a thought flashed through my mind: it's over, it must be that withdrawal from yesterday.
During the entire process of washing up, getting dressed, and going out, my emotions were tense. By the time I sat down at my workstation and just opened my computer, the bank called. The source of funds, transaction background, whether I know the other party—every question sounded very professional and all made sense, but when combined, they created a strong sense of unreality—clearly it was my own money, yet I had to repeatedly prove 'I am not a bad person.'
Later, whether the card was solved or not became unimportant.
What really bothers me is that familiar feeling of anxiety: why do the gains made in the crypto space always rely on luck to land safely? As long as you choose to withdraw, you must accept the possibility of being frozen, questioned, and scrutinized.
After calming down, I began to realize a fact:
The problem is not with the money itself, but with the fact that I have to withdraw it.
The current USDT is essentially not a currency designed for the real world. It can circulate efficiently on-chain, but it struggles to take on the role of daily payments. Transaction fees make small transfers unreasonable and naturally distance stablecoins from real-life scenarios.
As a result, it becomes quite straightforward:
If you want to use it, you can only convert it to fiat.
you send yourself into a risk control system that you cannot control once you convert to fiat.
This is also why more and more people prefer to keep their money on-chain. It's not that they don't want to spend, but that they dare not spend. Withdrawing has become no longer a simple financial operation, but more like a test of the system's tolerance.
and it is precisely in this context that I began to reassess.
It's not because of short-term fluctuations, but because it attempts to solve the question of 'why we must withdraw funds'.
What Plasma does is actually very simple and direct—allowing USDT to be truly used for payments.
Without transaction fees, stablecoins have for the first time the potential for micro-payments. Transferring a few U no longer feels painful, and cross-border settlements are no longer worn down; money finally begins to flow like money.
When the payment card system connects with Plasma, using a card involves U, and the merchant also receives U, without going through the high-risk C2C exchange process, you will notice a change:
Withdrawing is no longer a mandatory option.
At that moment, you are not evading regulation, but using a more reasonable financial path.
So looking at XPL again, I prefer to see it as a bet on 'how to use money in the future'.
Stablecoin payments are not a concept, but a repeatedly validated real demand. Its current scale is still small, but the direction is clear enough.
One day, when you wake up in the morning, no longer feeling your heart race because of a bank notification,
It may not be because you earn less,
But because you finally don’t need to withdraw funds frequently.