Stablecoins don’t struggle because they’re “not fast enough.” They struggle because paying fees still feels like doing paperwork.
Plasma’s angle is pretty down-to-earth: keep the app-builder experience familiar (EVM/Reth), then obsess over settlement speed with a BFT setup tuned for quick finality.
The most “real life” feature isn’t flashy—it’s narrow and controlled: gas sponsorship is focused on plain USDT sends, so gasless transfers are a rule-based lane, not a free-for-all.
And the Bitcoin anchoring story is positioned as a rollout path, not a magic switch—more about neutrality over time than a one-day upgrade.
The network’s public explorer currently shows roughly 151.5M transactions, about ~1 second blocks, and around ~4.8 TPS—useful as a baseline for what’s actually happening today.
One concrete timeline callout: the stated distribution date for US public-sale buyers is July 28, 2026.
If Plasma wins, it’ll be by making USDT settlement feel boring—in the best way: send, settle, move on.
