Meet Plasma (XPL): A Layer 1 Blockchain Designed for Stablecoin Payments

How to Trade Plasma (XPL) on Bitazza

XPL tokens can be easily traded on Bitazza starting from December 18, 2025, at 2 PM (GMT+7). Simply log in, deposit USDT, and search for the XPL/USDT among over 120 crypto pairs. You can now add XPL to your portfolio and become part of this fast-moving community.

(Information as of December 2025).

What is Plasma (XPL)?

Plasma is a Layer 1 blockchain built specifically to support stablecoin transfers and real-world usage. The project aims to enhance the digital payments experience for assets like USDT, enabling faster transactions, quick settlement, and significantly lower fees.

On September 25, 2025, Plasma launched its Mainnet Beta along with its native token, XPL. From day one, the network reported over 2 billion USD in stablecoin liquidity and integrated with more than 100 leading DeFi protocols worldwide.

Plasma stands out for combining several technologies, including its high-throughput PlasmaBFT consensus, full compatibility with Ethereum (EVM), and infrastructure tailored for true stablecoin payment utility.

Overall, Plasma aims to become the foundational network for digital dollar payments that can be used in daily life, whether for cross-border remittance or enterprise-level transactions.

The Purpose of Plasma (XPL)

Plasma’s primary goal is to be a Layer 1 blockchain optimized for stablecoin use, particularly USDT. The network is designed to make transactions cheaper, faster, and nearly fee-less for everyday users. It also supports DeFi and other financial services such as lending, depositing, and stablecoin swaps with greater efficiency.

This creates opportunities for businesses and developers to use blockchain technology for payments, global transfers, and building new financial products.

Plasma’s ultimate mission is to make stablecoin payments feel as seamless as using traditional fiat money, without high transaction fees or long confirmation times.

Why Choose Plasma (XPL)?

If you’ve been following crypto trends, you may have noticed Plasma gaining attention quickly. Here are some of the key reasons:

1. Ultra-low or near-zero fees - Plasma is designed to enable “zero-fee” or near-zero-cost USDT transfers, lowering costs for both individuals and businesses.
   
   
2. High-speed transaction processing - Plasma’s PlasmaBFT consensus supports high throughput and fast confirmations, making it suitable for fast payments or high-volume daily transactions.
   
   
3. Developer-friendly with full EVM compatibility - Plasma is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to use existing smart contracts and Ethereum development tools with minimal adjustments.
   
   
4. Deep DeFi liquidity from day one - With stablecoin liquidity and a wide network of DeFi partners available at Mainnet Beta launch, the ecosystem starts with strong market readiness.

These advantages position Plasma as a strong infrastructure layer for stablecoin payments in both everyday and enterprise use cases globally.

Plasma (XPL) Basics

• Blockchain: Plasma (Layer 1)

• Total Supply: 10,000,000,000 XPL

• Circulating Supply: 1,800,000,000 XPL (as of 12 December 2025)

• Main Use Cases: Network fees, staking, protocol governance

References

CoinCATCH

CoinMarketCap

Binance Thailand Academy

NFT Evening 

Blockworks

plasma.to