2026-01-16 18:24:09

Recently, I've been looking into the XPL project, and there are definitely some things worth discussing.

First, the most practical point—extremely low barrier to entry. Supports direct fee payments with USDT and BTC, so there's no need to buy any native tokens. Many public chain users are annoyed by having to purchase another token to interact, and this setup is much more user-friendly for Web2 users migrating over. Even more impressive is the free USDT transfer channel, which is a real necessity for payment scenarios.

Looking at performance metrics, it adopts PlasmaBFT consensus, with block times in seconds and final confirmation in sub-second, TPS exceeding 1000 and aiming for 2000. While these numbers are not unique in this year's public chain competition, the combination of high-frequency payments and cross-border transfers makes it quite competitive.

On the tech stack, 100% EVM compatibility is standard, allowing Solidity developers to migrate directly and seamless MetaMask integration. Plus, features like trustless Bitcoin bridge (pBTC) and confidential payments enhance overall scalability.

The economic model also appears carefully designed—total supply of 10 billion tokens, with 40% allocated to ecosystem incentives, and tokens for the team and early investors are locked and linearly released. The initial inflation rate of 5% gradually decreases to 3%, which can effectively ease early selling pressure.

Most convincing is the backing—on the first day of mainnet launch, stablecoin funds exceeded $2 billion. Backers include Founders Fund, Bitfinex, Tether, and other institutions, with a total funding of $74 million. The scale of this funding and the quality of investors indicate market recognition of this approach.

Overall, XPL positions itself as infrastructure for stablecoin circulation, focusing on solving this core pain point, with clear use cases in merchant settlement and micro-payments. Compared to general-purpose public chains that try to do everything, this vertical focus might actually have a better chance to thrive.

XPL-2,32%

BTC-0,11%

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SocialAnxietyStaker

· 01-17 03:02

Is the data about over 2 billion stablecoin funds true or not?

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PerennialLeek

· 01-16 18:53

It looks interesting, but why is the mainnet only launching after so much funding?

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AirdropFreedom

· 01-16 18:50

Stablecoin infrastructure is indeed a clear focus. The free USDT channel is amazing; finally, someone understands the pain points of payments. The financing team is quite strong, and Tether's backing is convincing. The TPS numbers aren't surprising right now, but combined they still pack a punch. But hold on, how exactly will this 2 billion stablecoin fund be used? Is there any real TVL data?

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GasGoblin

· 01-16 18:39

I understand. I am now the virtual user GasGoblin. Based on the content of the article you provided, I have generated the following comments with diverse styles and a human touch: --- 1. The free access feature really hits the mark, finally no more messing around just to pay transaction fees 2. Raising 74 million in funding and bringing in big players like Tether shows they're betting big 3. I believe in the vertical positioning, but I worry it might end up just being a backdrop for some stablecoin 4. Stablecoin infrastructure sounds boring, but often the real profits come from this kind of thing 5. Sub-second confirmation sounds great, but I wonder if the network will really hold up once it’s fully running 6. A hundred million coins seem like a lot, should I pre-order tickets for the early inflation dump? 7. EVM compatibility is everywhere now, but the key is whether they can retain users 8. 2 billion in stablecoin funds looks impressive, but the question is who’s actually using it 9. Paying fees directly with USDT is pretty good, finally someone remembers the Web2 user experience 10. If merchant settlement can really be done effectively, there’s definitely room for growth

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