Plasma is a Layer-1 blockchain, but rather than focusing on any other dominant application of crypto, it uses it for stablecoin payments. Plasma puts speed, cost efficiency, and reliability, as opposed to pursuing general-purpose narratives, as the essential demand of global value transfer. Maximizing compatibility with EVMs using Reth, development developers no longer need friction to deploy Ethereum-based applications, and can currency rewards optimized infrastructure.
PlasmaBFT at the center of Plasma provides sub-second finality linked to transactions with stablecoins, which makes transactions instant. The network also implements the features of a stablecoin-first (that is, the ability to send and get USDT without paying gas fees) and to pay fees in stablecoins directly eliminating user and institutional barriers. Bitcoin-based mechanisms uphold security by making Bitcoin processes more resistant to censorship and neutral. Plasma can emerge as the settlement layer of a financial system anchored on stablecoins by offering both liquidity, performance, and corporate affinity between developers.
