Most blockchains make you jump through hoops just to send money. If you want to send some USDT to a friend , first you need to buy their special token. Then you need to figure out gas fees. Then you need to keep that token balance ready. And if something goes wrong, you start all over again. For people already into crypto, this feels normal. For everyone else, it's just annoying.
$XPL @Plasma looked at this mess and they built something simpler. The main idea is dead simple , if you want to send USDT, you should just be able to send USDT. No extra tokens. No confusing steps. Just send the money and be done with it.
On @Plasma , sending USDT doesn't cost you anything. No fees for basic transfers. You are not paying in some token that might be worth more or less tomorrow. You are just moving your money from point A to point B. When fees do happen for other stuff, you pay them in USDT too. This means businesses can actually budget. You know what things cost. No surprises. No weird conversions
When sending USDT on most blockchains and you wll hit the same frustrating wall,first you need to buy the chain's native token. Then you need to figure out gas fees. Even not that you need to keep that significant token balance topped up if it is below you can do nothing .
XPL Plasma starts from a simple idea: sending stablecoins shouldn't require owning something else first.
This isn't about making everything free. It's about removing unnecessary friction from the one thing people actually want to do—send money.
XPL Plasma starts from a simple idea: sending stablecoins shouldn't require owning something else first.
This isn't about making everything free. It's about removing unnecessary friction from the one thing people actually want to do—send money.
