Plasma готова к дебюту: основные сетевые и токенные новшества для XPL Translation: Plasma is poised for debut: key network and token innovations for XPL.

On September 25, the blockchain Plasma, focused on “stablecoins”, will launch its mainnet and the token XPL.

At the outset, the platform’s TVL will reach $2 billion, with funds allocated across more than 100 DeFi protocols, including Aave, Ethena, Fluid, and Euler. According to the team, Plasma is set to become the eighth largest blockchain in terms of stablecoin liquidity.

Users will be able to transfer USDT without fees through the network’s interface.

“We will focus on markets that have limited access to dollars and high demand for stable currency, where the benefits of its use are most pronounced. Our goal is to simplify the storage, transfer, and use of digital dollars,” said Plasma founder Paul Fex in a comment to DL News.

The launch followed months of preparation. In July, the project raised $373 million during a public sale of XPL, exceeding its target of $50 million by more than seven times.

Plasma is an EVM-compatible Bitcoin sidechain designed for fee-free USDT transactions. The network secured $3.5 million in investments in a round led by Bitfinex and $20 million in a Series A round with participation from Peter Thiel’s Founders Fund.

Recently, more companies have been joining the race to establish payment networks for “stablecoins.” Previously, the payment giant Stripe and venture firm Paradigm worked on a blockchain called Tempo.

The company behind USDC, Circle, has also announced its plans to launch the Arc network for processing transactions in stablecoins.

Currently, the market leaders are TRON and Ethereum, with operations of $151 billion and $77 billion passing through them in the last 24 hours, respectively.

Previously, the TRON community supported an initiative to reduce fees by 60% to protect the blockchain’s position. Meanwhile, the volume of stablecoins on Ethereum has reached a record $166 billion, half of which is attributable to USDT.

“Reducing fees on TRON makes sense given its position as the second largest network in terms of stablecoin liquidity. However, in the long run, fee reductions alone won’t ensure adoption,” Fex stated in an interview with The Block.

He noted that Plasma aims to be a significant competitor in the sector through zero-fee USDT transfers and expansions into new markets.

Additionally, Tether introduced a stablecoin aimed at the U.S. market.