Stablecoins have never been a new concept, but on the path of payment settlement, most public chains still face some difficulties. Either gas fees are too outrageous, or confirmation speeds are as slow as a turtle crawl. That’s why Layer 1 public chains focusing on stablecoin ecosystems can stand out from the crowd.

One project has taken this as its main focus—starting from the underlying architecture to optimize stablecoin transactions. The data speaks for itself: over 1,000 transactions per second processing speed, block confirmation times under 1 second, and a zero-fee model. Think about it: for merchants engaged in cross-border payments, what does this mean? The high-cost pain points of traditional solutions are directly eliminated here.

The ecosystem scale is no longer a small-scale effort. During peak stablecoin deposits, it surpassed $7 billion, with operations reaching over 100 countries worldwide and integrating more than 200 local payment methods—these numbers reflect not just self-promotion by a project, but the market’s vote with its feet. Recently, collaborations with leading DeFi platforms like Aave and Daylight have further expanded the imagination space, from lending and yield-generating stablecoin assets to decentralized payment gateways. The ecosystem functions are gradually being filled in. $XPL, as the ecosystem token, is no longer just a simple platform coin concept.

Ultimately, competition in the stablecoin track is fundamentally about comparing: who can help users transfer value most cheaply, quickly, and stably? From this perspective, this public chain’s approach indeed hits the pain points.