Stablecoins work best when they have room to grow, without all the usual hassles. That’s where Plasma comes in. It’s a layer one chain built to make moving money smooth and easy. Since launching its mainnet beta in September 2025, Plasma hit the ground running—$2 billion in stablecoins fired up on day one. Right now, $1.87 billion is in circulation, and USDT dominates the space, grabbing over 80% of that.
Plasma isn’t working alone, either. Confirmo pushes more than $80 million in enterprise transactions every month, and Yuzu’s neobank has climbed to $70 million in TVL after just four months. That’s been a game-changer for cash-heavy businesses in Southeast Asia, opening up new ways to pay and get paid. With instant settlement and zero-gas USDT transfers, Plasma has become the backbone for real-world fintech projects.$XPL @Plasma #plasma

