In an era of endless new narratives and new tokens, what is truly widely used is actually very simple—stablecoins.

Unlike other public chains that attempt to create a universal world computer, Plasma XPL has been very restrained from the beginning, focusing on one thing: stablecoin settlement. It is a Layer 1 built for cross-border transfers, payment settlements, and on-chain cash flow, emphasizing the practical needs of "fast, cheap, and stable" in real-world scenarios.

From a technical perspective, Plasma adopts a fully EVM-compatible architecture (based on Reth), reducing development and migration costs. It also employs PlasmaBFT consensus mechanism to achieve near-instant finality—this is more aligned with the actual needs of exchanges, payment providers, and financial institutions than simply stacking TPS.

Its most distinctive feature is the priority design for stablecoins. USDT can be transferred without Gas fees, and users can even pay Gas costs using stablecoins themselves, without needing to hold the native token first—this experience is close to traditional Web2 applications, rather than the complex processes inside the crypto space.

In terms of security, Plasma uses a Bitcoin-anchored security model, leveraging Bitcoin’s neutrality and anti-censorship features to enhance overall trustworthiness.

Ultimately, Plasma XPL is positioned as a foundational financial infrastructure. It does not pursue flashy features but targets markets and institutions that genuinely want to use stablecoins, paying attention to every detail.