Recently, there has been new activity in the stablecoin sector. A Layer 1 project focused on stablecoins, Plasma, has had an ambitious goal since its inception — to make digital dollars as convenient as everyday payment tools. The project plans to officially launch its mainnet beta in September 2025, and it has already attracted over $2 billion in stablecoin liquidity. Based on current data, its TVL performance is quite impressive, ranking high in the stablecoin ecosystem leaderboard.
The logic behind this project is quite straightforward: defining stablecoins as "Money 2.0," with the core idea of making cross-border transfers as simple and fast as sending an email, with transaction fees being sufficiently low, while ensuring security. From a technical architecture perspective, this approach still has some potential. Many people interested in the stablecoin ecosystem are waiting to see how this project performs after its official launch, as the application prospects for stablecoins are indeed heating up.
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ChainProspector
· 4h ago
2 billion in liquidity entering the market—are you trying to make it clear? It's not too late to hype it up until the mainnet launches.
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GasGuzzler
· 11h ago
20 billion USD in liquidity sounds impressive, but you won't know if it's real until it's live.
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LostBetweenChains
· 11h ago
2 billion in liquidity has entered the market, but the mainnet hasn't gone live yet. Whether this wave can be sustained depends on the performance in September.
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VibesOverCharts
· 11h ago
2 billion in liquidity entering the market, is that all? Feels not as intense as I imagined.
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LiquidatedAgain
· 12h ago
2 billion liquidity entering the market? I'm wondering what the collateralization ratio would be... Last time, with this kind of momentum, we got liquidated directly.
It's another "like sending email," I'm already tired of hearing it. Let's wait until the mainnet launches; I'm afraid another risk control point will cut us off.
I'm optimistic about the stablecoin track, but Plasma... it's hard to buy early, I wish I had known earlier. I'll just observe for now.
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AlphaWhisperer
· 12h ago
2 billion in liquidity sounds like a lot, but the key is whether users can stay after it goes live.
Money 2.0 sounds impressive, but the cross-border payment route has already been tackled by many projects.
See you in September, don’t turn into vaporware again.
It seems that the stablecoin track has been repeating the same story over the past two years.
High TVL is great, but how many can actually be used for payments in the end?
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StablecoinSkeptic
· 12h ago
$2 billion in liquidity sounds pretty impressive, but the mainnet hasn't even launched yet. Isn't calling it "Money 2.0" a bit too much marketing?
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HodlTheDoor
· 12h ago
Wait, with 2 billion in liquidity, the TVL is just this much? Doesn't seem that impressive.
The slogan of daily payments with digital dollars has been heard countless times; the key still depends on the actual user base. Looking good on-chain data isn't enough.
Launching only in September 2025, they're hyping so much now probably to cut a wave of early investors first.
To be honest, there are many stablecoin projects, but how many can survive? I'm more concerned about how it can compete with Tether and USDC for market share.
How much is the valuation inflated in this round of funding? The TVL is so small, and honestly, the risks are still quite significant.
Recently, there has been new activity in the stablecoin sector. A Layer 1 project focused on stablecoins, Plasma, has had an ambitious goal since its inception — to make digital dollars as convenient as everyday payment tools. The project plans to officially launch its mainnet beta in September 2025, and it has already attracted over $2 billion in stablecoin liquidity. Based on current data, its TVL performance is quite impressive, ranking high in the stablecoin ecosystem leaderboard.
The logic behind this project is quite straightforward: defining stablecoins as "Money 2.0," with the core idea of making cross-border transfers as simple and fast as sending an email, with transaction fees being sufficiently low, while ensuring security. From a technical architecture perspective, this approach still has some potential. Many people interested in the stablecoin ecosystem are waiting to see how this project performs after its official launch, as the application prospects for stablecoins are indeed heating up.