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Plasma announces the launch of its Mainnet and the introduction of its native Token XPL.
According to BlockBeats news on September 25, The Block reported that Plasma, a Layer 1 blockchain designed for stablecoins, has announced the launch of its mainnet and the introduction of its native token XPL. It also launched a zero-fee transfer feature for USDT based on its self-developed consensus mechanism PlasmaBFT, and has integrated over 100 DeFi projects. Plasma positions the new network as infrastructure designed for global capital flow. The team stated that the chain is EVM compatible, allowing users to achieve zero-fee transfers of USDT in the initial phase. Collaborations were established with Aave, Ethena, Fluid, and Euler at launch.