Stablecoins are becoming the cornerstone of global payments and settlements, but current mainstream public chains reveal many issues in this application scenario—high transaction fees, slow confirmation speeds, which severely restrict the liquidity of stablecoins. A new public chain, Plasma, has recently emerged, aiming to fundamentally solve this dilemma.

Plasma is a Layer 1 blockchain built specifically for stablecoins, with its native token XPL serving as the network's operational fuel and ecological foundation. The project's goal is straightforward: to create a zero-fee, instant settlement global financial infrastructure that allows funds to flow as freely as internet data.

Let's look at its core selling points. Zero-fee USDT transfers are the biggest highlight—this means significant cost advantages for users and enterprises. Technically, Plasma adopts a custom PlasmaBFT consensus mechanism to ensure fast transaction finality, while being fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly migrate existing dApps.

The ecosystem is also quite strong. At the initial stage of its mainnet launch, it integrated over 100 DeFi protocols, demonstrating impressive performance within 24 hours. Behind this are investments from heavyweight figures like Tether's CEO, indicating that market recognition of this direction is still present.