In November 2025, @Plasma and Mobee have joined forces to bring fast, zero-fee stablecoin transfers to Indonesia. Plasma, a Layer 1 blockchain optimized for stablecoins, addresses the high costs and delays of traditional cross-border transfers. Using its PlasmaBFT consensus, USDT transactions are completed in sub-seconds, making it a practical solution for emerging markets like Indonesia.
Mobee users can now bridge directly to Plasma within the app, enabling seamless USDT and USDC transfers and access to Plasma One wallets with 10%+ idle returns. This integration injects global liquidity into Indonesia’s crypto ecosystem, simplifying transactions from Jakarta to Tokyo like sending a digital red envelope. The collaboration also provides feedback loops to optimize Plasma’s protocol based on Southeast Asian user behavior.
Indonesia, home to over 20 million crypto users, faces challenges like unstable fiat channels, strict regulations, and high cross-border fees. Mobee addresses these with QRIS payments, fingerprint logins, and partnerships with local banks. Its IEO platform supports new Web3 projects with low fees, creating a smooth path from BTC to DeFi.
Plasma enhances this infrastructure with an EVM-compatible PoS chain, allowing users to pay gas with stablecoins, maintain Bitcoin pegs, and access physical Raincards for payments at 150M merchants. Since its mainnet launch, $XPL raised $500M, and TVL surpassed $2B.
The impact is clear: Mobee’s stablecoin trading volume has grown 1.5× in two months, enabling users to send money across Southeast Asia in seconds with zero fees, avoiding traditional banking costs. Despite challenges like $XPL price volatility, regulatory scrutiny, and varying internet infrastructure, this partnership is building long-term, practical blockchain solutions.
Plasma + Mobee represents the future of Southeast Asia’s remittance and stablecoin ecosystem—practical, fast, and accessible.
