1. Purpose of the Plasma Network
Plasma focuses on:
Fast & cheap stablecoin transactions (especially USDT) — including zero-fee transfers for basic USDT payments.
High throughput and low latency, meaning many transactions per second with quick final settlement.
Developer support, including support for Ethereum-compatible smart contracts (EVM) plus tools for payments.
🪙 2. What XPL Token is Used For
📌 Transaction Fees
Whenever you send assets or interact with smart contracts on Plasma, you pay fees using XPL (except for some free USDT transactions which are subsidized by a protocol mechanism).
🔐 Network Security – Staking
Validators — the computers that secure and validate transactions — must stake XPL to participate in consensus. These staked tokens help protect the network from attacks
