Plasma, the layer 1 building stablecoin infrastructure for a new global financial system, launched its highly anticipated Plasma mainnet beta, alongside its native token XPL. With a $2B+ stablecoin TVL at launch, Plasma is now the 8th-largest blockchain by stablecoin liquidity. Plasma’s mainnet beta enables its vision to capture the trillion-dollar stablecoin opportunity by building the foundation for global money movement.
Plasma’s infrastructure will be a first-of-its-kind for a chain of this scale, launching with PlasmaBFT, a high-throughput consensus layer designed specifically for stablecoin flows. People will also be able to move USD₮ with zero fees using authorization-based transfers. Plasma launches with 100+ DeFi integrations, including Aave, Ethena, Fluid, and Euler. The immediate goal is utility: savings that preserve value, deep USD₮ markets, and the lowest USD₮ borrow rates in the industry.
Plasma plans to unlock the full potential of stablecoins th
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