Most L1 arguments are obsessed with TPS. Stablecoin users are obsessed with one thing: “Did the money arrive?”
USDT flow tells the truth. Most transfers are sub-$1k. That isn’t speculative rotation it’s payroll, remittance, merchant settlement. Real-world money behavior. And historically, the chain that wins this segment isn’t the most decentralized or composable. It’s the one where sending USDT feels effortless.
Plasma’s gasless USDT model flips the fee economy. The user stops being the customer. Fees move upstream to wallets, payment platforms, issuers, and rails the distribution layer becomes the real blockspace buyer. That’s exactly how card networks scaled: consumers experience “free,” intermediaries monetize volume.
In that context, Bitcoin anchoring isn’t marketing it’s risk management. Once sponsors are paying, neutrality becomes a feature you can’t fake.
Plasma isn’t racing other EVMs. It’s redesigning who funds settlement and who controls the leverage when stablecoins become everyday infrastructure.