Plasma is a high performance Layer 1 blockchain purpose built for stablecoins. What you can do on @Plasma spans various financial, technical, and community activities, primarily focused on utilizing stablecoins for modern finance:
Financial and User Activities
You can engage in several financial activities centered around stablecoins, leveraging Plasma's infrastructure designed for scale, speed, and reliability:
Make Payments and Remittances: Plasma is designed to power near instant, fee free payments. Its infrastructure supports global adoption of stablecoins for payments and remittances. Specifically, Plasma enables zero fee USD₮ transfers.
Manage Treasury and Cash Flow: Financial teams can use stablecoins on Plasma for treasury management, which provides real time liquidity, faster settlements, and lower costs, thereby strengthening global cash management.
Earn Yield: Users can access products designed for generating returns on stablecoins, such as using Binance Earn for an onchain USD₮ yield product. You can also participate in Stablecoin Staking to safely earn yield while keeping assets stable.
Access Banking and Credit Services: You can use Plasma One, which is described as a stablecoin native neobank and card. Additionally, Plasma integrates with other major protocols to serve as a Global Credit Layer (specifically mentioning integration with Aave).
Move Assets: The network supports the transfer of value, including using a Native Bitcoin Bridge.
Developer and Building Activities
Plasma is engineered to provide the best tooling for developers looking to create stablecoin applications:
Build Stablecoin Applications: You can build stablecoin applications and create stablecoin powered applications using Plasma's optimized infrastructure.
Deploy EVM Contracts: Plasma is fully EVM compatible, allowing developers to deploy contracts using standard tools and workflows, such as Foundry, Hardhat, and MetaMask.
Utilize Native Features: Developers can build seamless, cost efficient, and confidential user experiences by utilizing Plasma's native features, which include zero fee USD₮ transfers, customizable gas tokens, and support for confidential payments.
Access Integrated Financial Tools: Developers benefit from integrated access to best in class infrastructure powered by third party providers, including card issuance, global on and offramps, stablecoin orchestration, and advanced risk and compliance tooling.
Ecosystem and Engagement Activities
You can also engage with the #Plasma ecosystem through educational resources and community channels:
Learn: You can consult the Learn Center for guides on topics such as stablecoin payments, stablecoin staking, treasury management, and comparisons between different types of stablecoins (e.g., $USDC vs. USD₮ fees).
Explore Documentation: You can dive into Plasma’s technical documentation, developer guides, and architectural features, or use the Explorer.
Connect: You can Join Our Community to connect with other developers and users for support and collaboration.
Stay Informed: You can Sign up for the newsletter to receive regular updates and in depth research on stablecoins.
