Plasma announces mainnet launch and introduces native token XPL
BlockBeats News, September 25, according to The Block, Layer 1 blockchain Plasma, designed specifically for stablecoins, has announced the launch of its mainnet and the release of its native token XPL. It has also launched a USDT zero-fee transfer feature based on its proprietary consensus mechanism PlasmaBFT, and has already integrated with over 100 DeFi projects.
Plasma positions its new network as infrastructure built for global capital flows. The team stated that the chain is EVM-compatible, and in the initial phase, users can transfer USDT with zero fees. At launch, it has established partnerships with Aave, Ethena, Fluid, Euler, and others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indonesian Rupiah: External headwinds and MSCI risks – OCBC
Taiwan Dollar: Strong fundamentals but near-term pressure – Commerzbank
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.
Crypto prices
More
