Plasma is based on one simple principle: the infrastructure of stablecoin needs to appear and behave like a bank to be adopted in large numbers. Speed alone isn't enough. To issue real payments using the stablecoins, the stablecoins are supposed to meet the prerequisites expected by institutions, such as adherence, dependability, and a comfortable user experience.
Plasma lays emphasis on compliant privacy, in addition to fast settlement. Those transactions can be kept confidential, and still, they meet the set regulatory requirements, and this is done by cooperating with the other major providers of AML and KYT companies, like Elliptic. This has rendered Plasma to fit well in institutions that require transparency to ensure compliance, without revealing their financial information which is sensitive.
Scalability on EE redefined throughput. Its payments stack is meant to be licensed and integrated to enable business to put into place stablecoin infrastructure without starting all over again. One of such bright examples is the neobank that is powered by Visa, constructed on Stripe, Plasma One. It also allows users to spend USDT off-chain over familiar-card-rails without necessarily having to learn anything about crypto.
It is infrastructure thinking: stablecoins swirling under the carpet, fitting into the existing financial systems. Combining compliance, usability and scale Plasma is shaping itself as sensible settlement rails to a stablecoin-powered financial world.