Plasma is built to make stablecoin transfers feel like payments again fast cheap and without forcing people to hold a separate gas token just to move USDT.
Behind the scenes it stays EVM compatible so builders can ship fast, while the chain is tuned for stablecoin settlement using PlasmaBFT and stablecoin first mechanics like gasless USDT and flexible fee payment. The goal is simple, stablecoin UX first without sacrificing a serious chain design.
Latest move is the NEAR Intents integration announced January 23 2026, aiming for smoother cross chain swaps and routing across many assets and chains, which fits the stablecoin settlement story perfectly.
Token story is straightforward, total supply 10 billion XPL with 10 percent public sale, 40 percent ecosystem growth, 25 percent team, 25 percent investors. Benefits are clear, cheaper simpler stablecoin payments plus familiar EVM deployment. Exits are the real world lanes, payments, merchant flows, remittance style rails, treasury movement, and stablecoin heavy apps that need throughput.
Last 24 hours on chain, 282 contracts deployed and 24 contracts verified, quiet builder energy. What is next is expanding the stablecoin native stack further, including confidential transaction direction already discussed in public materials. My takeaway, Plasma is betting that winning stablecoin UX wins everything else later.
