I recently got burned by cross-border transfer fees—sending USDT to a friend cost more than a cup of milk tea in fees. I was pretty annoyed until a Web3 professional recommended something—Plasma. They said you can play with stablecoins on this chain with zero fees. Zero fees! My eyes lit up immediately.

After digging through some information, I realized that Plasma isn't a new skincare product; it's a blockchain specifically designed for stablecoin payments. To put it simply, it's like a dedicated "high-speed highway" for financial transactions. While other public chains get congested and charge tolls, its selling point is fast + free. The background is solid—it's a product under Tether, with close ties and clearly different resource allocation.

What are the actual use cases? For example, buying NFTs with USDT or transferring funds within exchanges. On other chains, it might take a few minutes and cost several dollars in fees. With Plasma, it’s almost instant, with nearly zero cost. The experience is similar to WeChat transfers domestically, but at a cross-border, instant level. Since its mainnet launched, the locked TVL has grown rapidly, indicating many people are attracted by this "free" feature.

However, I also noticed something worth paying attention to. The project conducted a large-scale token airdrop last year, but most of the tokens are still locked. According to the plan, there will be a wave of unlocking around Q2 this year. That’s a test for any project—massive liquidity flooding into the market often brings price pressure. So, although the current hype is high, whether it can withstand the unlocking pressure later remains to be seen.