Plasma XPLPrice $ 0.490

Plasma is a purpose-built Layer-1 blockchain optimized for global stablecoin payments, engineered to deliver near-instant, fee-free USD₮ transfers. It features a high-performance consensus engine—PlasmaBFT, a pipelined implementation of Fast HotStuff—that enables scalable throughput and fast finality under full Byzantine fault tolerance. Plasma offers seamless EVM compatibility via its Reth-based execution client, allowing Ethereum-native smart contracts and tools to be deployed without modification. Notably, it integrates a trust-minimized bridge to Bitcoin, enabling programmable BTC flows and cross-asset interoperability without centralized control.

Further enhancing stablecoin usability, Plasma supports zero-fee USD₮ transfers through on-chain-sponsored gas, custom gas tokens allowing payment in stablecoins or BTC, and is developing confidential payment functionality to protect user privacy while maintaining auditability. With infrastructure tailored to scale and liquidity backing over $1B in USD₮ from day one, Plasma positions itself as the next-gen settlement layer for the stablecoin economy.