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Stablecoin tracks remain an important direction in the crypto market, and recently many projects have been trying to enter payment infrastructure. The name Plasma has appeared quite frequently lately, mainly because it has made many innovations in stablecoin payment scenarios.
From a technical perspective, Plasma adopts the PlasmaBFT consensus mechanism, claiming to solve common issues of congestion and high Gas fees on traditional public chains. The specific data is a 1-second finality and throughput of thousands of TPS, a level comparable to many professional payment chains. More interestingly, it has integrated the BTC cross-chain bridge, enabling Bitcoin to also be programmable, effectively connecting the two major core assets to form an ecological closed loop.
Market recognition is also noteworthy. Leading trading platforms are collaborating with it, and the previously launched staking products are basically sold out instantly. XPL, as the ecosystem token, combines governance rights and profit sharing. As native USDT continues to flow into the ecosystem and expand its applications, the ecosystem incentive effects are gradually being released.
For those who are long-term optimistic about this direction, projects that make breakthroughs in payment infrastructure and ecosystem tokens are indeed worth continuous attention.