imankandeek

As we all know, USDT is one of the most frequently used tokens in the crypto industry, with a market capitalization exceeding $225 billion and trillions of dollars transferred on-chain every month. I use it almost every day for trading, transferring, and payments. Sometimes when transferring USDT to friends or making transactions, you often encounter fluctuating gas fees (sometimes a few dollars, sometimes over ten dollars). You need to buy a lot of ETH/SOL/TRX first to pay the fees, and confirmation takes anywhere from a few seconds to a few minutes. Bridging between different chains can also easily result in lost funds. So what can you do? @Plasma can solve all these problems for you. @Plasma What is it? @Plasma It's a layer 1 public chain specifically designed for USDT. Transactions and transfers are fast and the fees are low, almost negligible. You don't even need to hold any ETH, BNB, etc. How does it do that? Protocol-level Paymaster system (the most crucial innovation). The Plasma Foundation directly "pays" the gas fees for ordinary USDT transfers at the underlying level. When you send USDT, you don't even need to have $XPL (#Plasma ) in your wallet. The native coin (m-32) has been running on the mainnet for several months, processing over a billion USDT transactions, and is supported by most common Layer 1 and EVM protocols. Regarding the token, although its price has been declining, its potential is limitless in the long run if the stablecoin market continues to boom (due to demands from global payments, cross-border remittances, DeFi settlements, etc.).