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The Plasma Mainnet Beta version and Token TGE will be launched on September 25.
According to Foresight News, as reported by The Block, the Beta version of the Layer 1 stablecoin payment project Plasma, supported by Bitfinex, will go live on September 25. The network's native token XPL will also be launched alongside the Layer 1 Blockchain. At that time, the total Lock-up Position value of Plasma will exceed 2 billion USD, and it will integrate more than 100 DeFi protocols, including Aave, Ethena, Fluid, and Euler. From the date of release, users will be able to transfer USDT with zero fees on the network based on authorized transfers, built on the Plasma BFT Consensus. Previously, Plasma received an oversubscription commitment of 373 million USD during a 10-day token sale in July.