Plasma is built on a simple idea: stablecoins shouldn't be like "apps on a chain." They should be like money channels. So, the chain is designed for quick, dependable settlement first, and then everything else comes after. PlasmaBFT aims for settlement in under a second, while an EVM stack (Reth) keeps the developer side familiar. What sets it apart is the layer built specifically for stablecoins: things like USDT transfers without gas fees and gas that prioritizes stablecoins are meant to get rid of the usual setup hurdles that make payments feel like a crypto ceremony.
XPL is the asset that holds it all together: it helps secure the network and rewards validators. It starts with 10 billion tokens, and the security budget begins with about 5% inflation, dropping to around 3%. Base fees are burned to offset dilution as usage increases. The strategy for the ecosystem is about having plenty of liquidity and making connections—launching with ample stablecoin options and integrating with paths that let users move over from other chains easily.
What I get from this: Plasma isn't trying to be the flashiest Layer 1. It's aiming to be the chain that fades into everyday finance—where the best sign of success is people moving stablecoins every day without ever having to think about the chain beneath them.
XPL
0.1038
-0.38%