Plasma ($XPL ) is a next-generation Layer-1 blockchain built to revolutionize global digital payments with unmatched speed, scalability, and cost efficiency. Unlike traditional blockchains, Plasma is purpose-built for stablecoins — cryptocurrencies pegged to real-world assets like the US dollar — ensuring smooth, stable, and near-zero-cost transactions.
Powered by its custom consensus mechanism, PlasmaBFT, the network delivers lightning-fast processing and secure finality, supporting thousands of transactions per second. Basic transfers, such as stablecoin payments, are virtually free, while advanced operations like smart contract deployments or DeFi applications require only minimal fees paid in $XPL.
Plasma also offers full EVM compatibility, allowing developers to build or migrate Ethereum-based applications seamlessly using familiar tools. This opens the door to a vibrant, high-performance ecosystem without compromising on security or usability.
To further enhance trust, Plasma integrates with Bitcoin via a specialized bridge that anchors critical data to the Bitcoin blockchain — adding an extra layer of immutability and reliability.
Plasma is not just another blockchain — it’s the foundation for the next era of borderless, instant, and secure digital finance.