As a Layer 1 public chain specifically designed for the stablecoin ecosystem, Plasma has made significant efforts to address the pain points of traditional blockchains. The core highlight is quite straightforward—USDT transfer costs are close to zero, and confirmation speeds reach sub-second levels, which indeed changes the game for cross-border payments and small, high-frequency transactions.

What’s even more interesting is its custom Gas mechanism. Traditional public chains force users to hold native tokens to pay Gas fees, which can be a high barrier for newcomers. Plasma takes a different approach, giving users more flexible options and greatly lowering the entry barrier. This design is particularly practical in application scenarios dominated by stablecoins.

In the long term, as merchants and emerging markets gradually adopt this public chain, XPL, as the core asset for network security mechanisms and value transfer, has significant potential to capture value. In the increasingly competitive stablecoin infrastructure landscape, such innovative Layer 1 chains indeed have the opportunity to become key players in the next generation.