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Most discussions about public chains in the community focus on performance metrics. How high is TPS, how large is the ecosystem, how much funding has been raised—these numbers dominate most topics. But have you ever wondered if these are truly the most core aspects?
A closer look at Plasma's approach makes it clear. It’s not chasing hot trends; instead, it asks a neglected fundamental question: now that stablecoins are essentially payment tools, is the architecture of general-purpose public chains really suitable for this purpose?
On those major public chains, stablecoins are just one of many assets. Transfers get mixed in with speculative trades, confirmations require queuing, and Gas fees fluctuate with network congestion. Settlement, trading, speculation—all tangled together, making costs and user experience hard to guarantee.
Plasma thinks more straightforwardly—it treats stablecoins as the system’s core, starting from the most basic functions: transfers, confirmations, fees. It avoids complex innovations, simply aiming to make these functions resemble real financial infrastructure. Prioritizing certainty, simplifying processes as much as possible, and clarifying fees upfront.
For ordinary users, this reduces a lot of learning costs. For institutional clients, it directly lowers systemic risks. It may not sound glamorous, but it’s the most practical approach.
When the bear market arrives, market voices gradually fade away. The chains that truly survive are often not the ones with the loudest narratives, but the most usable settlement layers. Plasma is taking this route—slower, but with a clear direction.