#plasma $XPL

XPL, the native token of the Plasma blockchain, is a Layer-1 network built specifically for high-speed, zero-fee stablecoin transactions, combining Bitcoin's security with Ethereum's programmability (EVM-compatible). Articles highlight its focus on stablecoins, institutional backing (Tether, Bitfinex), innovative consensus (PlasmaBFT), and token utility for network security, fees, and governance, aiming to be the next-generation infrastructure for digital payments by offering scalability and an efficient user experience.