Plasma is the layer 1 blockchain building the stablecoin infrastructure for a new global financial system.
It is purpose-built for global stablecoin payments, offering zero-fee USD₮ transfers and custom gas tokens to help realise the stablecoin promise of permissionless access to financial services for everyone, everywhere.
Plasma’s global payments coverage and inbound suite of products position it as the native chain for stablecoin payments.@Plasma
INDODAX will list Plasma (XPL) with an XPL/IDR pair on 24 December 2025 at 14:00 WIB, according to the exchange’s listing announcement. This connects XPL directly to Indonesian rupiah, giving one of Southeast Asia’s largest retail crypto markets a fiat gateway into the token. The associated INDODAX Academy article describes XPL as part of a blockchain and stablecoin-oriented ecosystem (project overview), which may support a localized narrative. For price, new IDR liquidity can create short-term inflows and arbitrage opportunities with existing venues, but the broader impact will hinge on actual trading depth, Indonesian user