Plasma sits right at the heart of the stablecoin boom. Digital dollars now make up 1.37% of the US M2 money supply. Altogether, stablecoins have reached a total supply of $306.8 billion. Tether (USDT) leads the pack with $184.6 billion and holds a strong 60.17% share. Every month, users move a massive $2.9 trillion with 1.5 billion transactions.

Plasma drives all this action. Over 205.7 million wallets hold stablecoins on Plasma, and more than 120.8 million of those are USDT users. The network connects to platforms like Kraken for global trading, Cobo for institutional-grade custody, and MassPay for payouts in over 200 countries. Settlements are fast and predictable—usually done in less than a second.


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