Blog/Archive
What is Plasma (XPL)?
LeeMaimai
/Sep 26, 2025
Key Takeaways
• Plasma allows gas fees to be paid in USDT, reducing entry barriers for users.
• It features PlasmaBFT for sub-second finality and over 1,000 TPS throughput.
• The platform includes a Bitcoin bridge for wrapped BTC transactions.
• XPL serves multiple roles including governance and staking, but is not mandatory for basic operations.
• Plasma launched its mainnet on September 25, 2025, with significant market enthusiasm.
Throughout the evolution of blockchain, we've seen dozens of Layer 1 chains come and go. Yet few have launched with such a singular, focused mission as Plasma: to make stablecoins as smooth, efficient, and accessible as digital cash.
Plasma (XPL) is a Layer 1 blockchain purpose-built for stablecoins. It prioritizes low fees, high performance, and a frictionless user experience. It's not an Ethereum scaling solution or a sidechain—it’s a completely independent network designed to become the core infrastructure for global stablecoin circulation.
Making Stablecoins Truly Usable — Even Without Holding XPL
On most blockchains today, even sending USDT requires first acquiring ETH, BNB, or MATIC to pay for gas. This "prepare gas first" step is a major hurdle for many users.
Plasma takes a radically different approach: it allows gas to be paid by the protocol, or directly in USDT.
This is powered by Plasma’s core#Plasma @Plasma $XPL
