#plasma $XPL Plasma believes that stablecoin payment systems must meet bank-grade standards to win the market. In addition to speed, it also focuses on compliant privacy protection (confidential but compliant) and collaborates with institutions and anti-money laundering/know your transaction (AML/KYT) service providers like Elliptic. The scalability of Plasma is reflected in the authorized licensing of its payment stack, and it offers Plasma One—a Stripe-based virtual bank Visa card that allows USDT to be transacted off-chain, enabling users to use it without needing to understand cryptocurrency. This is the infrastructure concept of Plasma.
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