#plasma $XPL @Plasma The XPL token is the native utility and governance asset of the Plasma blockchain, a Layer-1 blockchain network designed to support stablecoin transactions, decentralized finance (DeFi), and global payments. Plasma launched its mainnet beta and XPL token in September 2025, with the goal of enabling fast, low-cost, scalable stablecoin transfers and broader adoption of real-world financial use cases on-chain