#plasma $XPL
Recently studying XPL coin, this thing is the native token of the Plasma chain, specializing in stablecoin payments, backed by Tether, focusing on the USDT0 ecosystem.
After the mainnet launch, the TVL skyrocketed to over 5.5 billion dollars, now supporting 25+ stablecoins, TPS exceeding 1000, block time less than 1 second, withdrawal fee is only 0.0001 XPL, making it very suitable for cross-border payments and DeFi. The latest developments are good, in terms of compliance, obtained the VASP license, opened an office in Amsterdam, targeting the EU market. The settlement speed of USDT0 is twice that of ETH, Plasma has become the fourth largest USDT network, with deposits exceeding 7 billion dollars, and has been listed on Robinhood US.
The price recently dropped to 0.1045 dollars, influenced by the overall market, but the total market value of the stablecoin market is nearly 316 billion, with zero fees being friendly to merchants. My cost is 0.11U, gradually building positions, with great medium to long-term potential,建议关注TVL增长。
Recently studying XPL coin, this thing is the native token of the Plasma chain, specializing in stablecoin payments, backed by Tether, focusing on the USDT0 ecosystem.
After the mainnet launch, the TVL skyrocketed to over 5.5 billion dollars, now supporting 25+ stablecoins, TPS exceeding 1000, block time less than 1 second, withdrawal fee is only 0.0001 XPL, making it very suitable for cross-border payments and DeFi. The latest developments are good, in terms of compliance, obtained the VASP license, opened an office in Amsterdam, targeting the EU market. The settlement speed of USDT0 is twice that of ETH, Plasma has become the fourth largest USDT network, with deposits exceeding 7 billion dollars, and has been listed on Robinhood US.
The price recently dropped to 0.1045 dollars, influenced by the overall market, but the total market value of the stablecoin market is nearly 316 billion, with zero fees being friendly to merchants. My cost is 0.11U, gradually building positions, with great medium to long-term potential,建议关注TVL增长。