Plasma is Layer 1 blockchain that is specifically built to handle stablecoin settlement and the experiment aims to create a more experience of digital money transfers resembling those of a traditional payment compared to one that utilizes crypto. Plasma is fundamentally based on full EVM compatibility, enabled by Reth based execution layer, sub-second finality with PlasmaBFT, providing payment application developers with the familiar tooling without giving them a sub-second finality they actually require.
The only notable difference between Plasma and other systems is the philosophical design based on stablecoins first. Plasma does not care about stablecoins as another additive but it makes the chain optimized around them. Gasless USDT transfers eliminate one of the largest UX obstacles in cryptocurrency, and the use of a stablecoin as the denomination of gas costs lets users utilize tokens such as USDT to pay their fees instead of a single native currency. This does away with friction during the onboarding process and it renders the use of stablecoins intuitive to non- crypto users.
Plasma is also designed with scale and the real-world implementation. The network focuses on large-volume flows of payments, payment to merchants, payroll and cross-border transfers, where predictability and reliability are the most important factors, rather than experimentation. Plasma pegs its performance, usability, and security to stablecoins, which makes it the infrastructure of applications that desire to be invisible to the final user.
Plasma is not chasing after hype, but instead it is working on making it a fast, easy, and normal settlement with stablecoins, and that practical thinking mindset is just what the payment-centered Web3 requires to enter mainstream use.