Plasma (XPL) – A strategic piece in the global stablecoin capital flow
Stablecoins are becoming the lifeblood of the Web3 economy. To date, over 196.7 million wallets hold stablecoins, with USD₮ leading with over 117.4 million wallets. The total supply across the market reaches 304.6 billion USD, accounting for about 1.37% of the M2 supply in the U.S., and every month records up to 3.9 trillion USD in transactions across more than 1.4 billion transfers.
Amidst this wave, Plasma (XPL) emerges as a specialized Layer 1 for stablecoin payments. Instead of building a multi-purpose blockchain, Plasma chooses to optimize for speed, cost, and stability, aiming to become the decentralized payment infrastructure for the rapidly increasing global stablecoin volume.
Plasma employs a hybrid consensus of BFT + PoS, achieving near-instant finality and throughput exceeding 100,000 TPS, while also supporting EVM compatibility to facilitate easy connection with existing DeFi ecosystems. With over 370 million USD raised, Plasma positions itself as the “railway” for smooth stablecoin circulation between wallets, exchanges, and financial applications.
If it maintains its current growth rate, Plasma could become the core payment platform of Web3, where stablecoins are not just transaction tools – but a global monetary system operating on the blockchain.
