@Plasma (XPL) is a Layer 1 blockchain built for stablecoin payments with zero fee USDT transfers and fast finality using PlasmaBFT. Its native XPL token secures the chain, pays fees, and supports staking. Recent updates include NEAR Intents cross chain liquidity and Pendle yield integrations. Despite listing for trading, XPL has never been used on Binance own chain More DeFi work is underway now Info.