Plasma (XPL) officially launched, opening a new era for Stablecoin
Plasma (XPL), a blockchain project focused on stablecoins, has set the time for the token generation event (TGE) at 7 PM on September 25. This event marks an important milestone, as the beta mainnet of
#Plasma is expected to achieve over 2 billion USD in total value locked (TVL) for stablecoins, making it the eighth largest chain in terms of stablecoin liquidity globally.
Attracting capital flows and integrating ecosystems
Plasma has raised a massive amount of capital, reaching 1.4 billion USD, including 27.5 million USD from investment funds and 373 million USD from the public sale. In particular, the project has attracted 1 billion USD in liquidity
#stablecoin through a collaboration campaign with Binance Earn, a record number in the history of this platform. By integrating over 100 DeFi protocols such as Aave, Ethena, and Euler, Plasma is building a strong and comprehensive ecosystem.
The great potential of token XPL
The listing of token XPL on
#Binance Pre-market since August has shown significant market interest. With the current price around 0.63 USD, the fully diluted market cap (FDV) of XPL has exceeded 6 billion USD, reflecting high expectations from investors regarding the growth potential of the project. The official launch of XPL promises to usher in a new era for stablecoins, where Plasma can play a key role in enhancing liquidity and interoperability of stable assets on the blockchain.