Plasma Blockchain Mainnet Launches with Zero-Fee USDT Transfers and $2 Billion in TVL

Plasma, a Layer 1 blockchain focused on stablecoins, has officially launched its mainnet and the native XPL token. The network is designed to offer zero-fee transfers of USDT through its custom consensus mechanism, PlasmaBFT. This approach aims to create a seamless experience for global money movement, positioning Plasma as a key player in the evolving digital asset ecosystem. The blockchain is EVM-compatible, ensuring compatibility with decentralized finance (DeFi) applications and broader blockchain infrastructure.