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@Plasma Token (XPL): Revolutionizing Stablecoin Payments💥
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#Plasma Token, Also Known as
#XPL , is the Native Utility and
#governance #Token of the Plasma Network, a High-Performance Layer-1
#blockchain Designed Specifically for Stablecoin Payments.❤️🔥
💐Key Features and Uses🚀
Transaction Fees: XPL is used to pay for transaction fees on the Plasma blockchain.
Network Security: Validators stake XPL to participate in the network's consensus and secure the chain.
Governance: XPL holders participate in on-chain governance for protocol parameters, upgrades, and economic decisions.
DeFi Utility: XPL can be staked in liquidity pools, used as collateral, or deployed in integrated protocols like Aave and EtherFi.
Cross-Chain Bridge Support: Facilitates programmable Bitcoin bridge operations and liquidity routing between BTC, USDT, and other assets.
Tokenomics
Total Supply: 10 billion XPL
Circulating Supply: Approximately 1.8 billion XPL (as of September 2025)
Market Cap: $654.03 million
The Plasma network offers innovative features like zero-fee USDT transfers, custom gas tokens, and a native Bitcoin bridge, making it an attractive solution for stablecoin transactions and DeFi applications.¹
$XPL