The Bitcoin Plasma Sidechain Project Focusing on Stablecoins is Attracting Attention
Introduction to the Plasma Project
According to sources from Decrypt, the Bitcoin Plasma sidechain project, which specializes in developing stablecoins, is preparing to launch its mainnet at the end of summer 2025. The main theme of the project is 'stablecoin-first chain.' This is a significant step towards optimizing the stablecoin conversion experience, especially for gas-free transactions. Plasma emphasizes EVM compatibility, facilitating easy integration into large ecosystems. Aiming to reduce fees and increase liquidity, the project has attracted considerable attention from major investors, including PayPal co-founder Peter Thiel.
Token Release Strategy and Fundraising
Before the launch, Plasma is expected to publicly sell Token XPL at least 40 days prior. This cryptocurrency has successfully raised over 1 billion USD through early staking rounds, demonstrating significant trust from the community and strategic investors. This fundraising provides the project with a solid foundation to achieve long-term growth goals while building a loyal user community. Developers aim to create an optimal stablecoin ecosystem, minimizing fees and enhancing scalability for transactions.
Focus on Stablecoins, Not Towards Meme Ecosystems or RWA
Unlike many other projects, Plasma focuses entirely on stablecoins and secure, fast cross-chain transfers without gas fees. The project does not expand into meme ecosystems or RWA (real-world asset) to maintain depth and stability. This helps users and investors feel confident about the platform's transparency and reliability, while maximizing the benefits of EVM-compatible blockchain in optimizing the cryptocurrency transaction experience.
Impact on the Vietnamese Cryptocurrency Market
With the launch of the Plasma project, the Vietnamese cryptocurrency market is making a new advancement in the stablecoin sector. Optimizing gas-free transactions and expanding liquidity will drive rapid growth within the domestic user community. Domestic investors can also access potential projects, contributing to the development of the legal framework and application of cryptocurrency in the digital economy, enhancing Vietnam's position in the global blockchain field.
Source: https://tintucbitcoin.com/stablecoin-plasma-sidechain-ra-mat-cuoi-2025/
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