Plasma is a Layer‑1 blockchain launched by Binance that is specifically optimized for stablecoin transactions and real‑world value transfer. Unlike many general purpose chains, Plasma focuses on ultra‑low fees, high throughput, and fast finality, making it ideal for everyday payments, remittances, and large transfer volumes. It is EVM‑compatible, so developers familiar with Ethereum can easily deploy smart contracts, decentralized apps, and tokens. The native token $XPL is used for paying gas fees, staking, validator incentives, and network security. Plasma also introduces features such as custom gas tokens, meaning projects can choose how users pay fees, and includes bridges like a native Bitcoin bridge that brings BTC liquidity into the Plasma ecosystem. When Plasma launched, Binance rewarded long‑term BNB holders through an airdrop of XPL tokens before public trading began. The goal of Plasma is to scale on‑chain stablecoin usage globally, reducing costs while increasing speed and reliability, which could make it a key infrastructure chain for payments, DeFi, and cross‑border transactions.@Plasma #Plasma $XPL
