Imagine this: You're trying to send a quick $USDT for whatever reason across the globe, but bam—gas fees hit you harder than a surprise plot twist in a bad sci-fi movie. Enter #Plasma ($XPL ), the Layer 1 blockchain that's basically the superhero cape for stablecoin payments. No more fee drama; we're talking zero-fee USDT transfers that settle in sub-second finality. Yeah, faster than you can say "blockchain bottleneck."
Launched in September 2025 with a bang—over $2 billion in stablecoin liquidity on day one—Plasma has skyrocketed to a TVL of around $5.5 billion, making it one of the top networks for USD₮ balances. It's EVM-compatible, so devs can plug in Ethereum tools and smart contracts without breaking a sweat. And security? Anchored to #Bitcoin❗ , because why not borrow from the OG for that institutional-grade fortress vibe. Backed by heavy hitters like Peter Thiel's Founders Fund, Tether's Paolo Ardoino, and Framework Ventures (who led a $20M Series A), this isn't some fly-by-night project—it's raised over $500M total, including a wildly oversubscribed public token sale.
The native token $XPL ? It's the engine room: used for staking in a Proof-of-Stake system, validator rewards, and even gas fees (when not gasless for USDT). Total supply caps at 10 billion, with smart tokenomics including a 5% initial inflation that tapers to 3% for long-term sustainability. Recent wins? Partnerships with 100+ DeFi apps like Aave and Ethena, support for 25+ stablecoins, and upcoming 2026 milestones like staking delegation launch and the Plasma One neobank for seamless real-world spending with cashback cards. Oh, and did I mention it handles 1000+ TPS with block times under a second? This is stablecoin tech that's actually... stable.
In a world where stablecoins are exploding to $225B+ in supply and trillions in monthly volume, Plasma is the purpose-built rail revolutionizing payments for retail folks and institutions alike. No more clunky experiences—just instant, low-cost global money movement.
Would you like to know more about Plasma's use cases or its native token ?
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#plasma $XPL 💚 Layer 1 blockchain 💚 EVM compatible 💚 sub-second finality 💚 tailored for stablecoin settlement >>> gasless USDT transfers and stablecoin-first gas. 💚 Bitcoin-anchored security 💚 Target retail and institutions in payments/finance
XPL is the native token of the Plasma blockchain,
- used to pay for gas fees on the Plasma network, particularly for more complex transactions. - used for staking and validating transactions - holders can participate in voting and decision-making processes on the Plasma network. - used to incentivize developers and contributors to the Plasma ecosystem.
The total supply of XPL is 10 billions, allocated as follows: - *Ecosystem & Growth*: 40% - *Team*: 25% - *Investors & Partners*: 25% - *Public Sale*: 10%
XPL also features a controlled inflation mechanism, with an initial inflation rate of 5% that decreases to 3% over time. Additionally, the token has a fee burning mechanism to reduce the circulating supply.