Plasma XPL Overview
Plasma XPL is a layer one blockchain focused on fast stablecoin payments and digital money movement It is designed to support real world usage at scale with high speed and low cost transactions
Core Features
Plasma enables zero fee USDT transfers for simple payments It offers high throughput quick finality and reliable performance making it suitable for everyday transactions
Technology
The network is EVM compatible allowing developers to build and deploy decentralized applications easily Plasma also integrates strong security mechanisms inspired by Bitcoin architecture
XPL Token Utility
XPL is used for staking validator rewards network security and smart contract gas Holders can stake XPL to support the network and earn rewards
Use Case Vision
Plasma aims to become a global payment layer for users merchants and institutions by making crypto payments simple efficient and scalable