Stablecoins are no longer an experiment.
They are already the financial backbone for millions of people across the world.
From exporters in emerging markets to remote workers, merchants, and institutions, digital dollars are used every day to store value, pay salaries, settle invoices, and move money across borders. Yet despite this massive adoption, stablecoins have remained structurally constrained.
The limitation was never the asset.
It was the infrastructure around it.
Money does not move on smart contracts alone.
It moves on regulated entities, compliant custody, licensed payment rails, and trusted distribution networks. Without these, stablecoins remain fragmented, expensive, and difficult to scale into everyday money.
This is the problem Plasma is solving.
Mainnet Beta and the Launch of XPL
On September 25, Plasma will launch its Mainnet Beta, alongside the introduction of its native token, $XPL.
From day one, Plasma will become the 8th largest blockchain by stablecoin liquidity, with over $2 billion in stablecoins live at launch. This capital will be deployed across 100+ DeFi partners, including Aave, Ethena, Euler, Fluid, and others, enabling immediate real-world utility rather than speculative activity.
The goal is clear:
Savings that preserve purchasing power
Deep and liquid USD₮ markets
The lowest USD₮ borrowing rates in the industry
Seamless, zero-fee transfers for users
At Mainnet Beta, vault deposits will be bridged to Plasma, allowing users to withdraw USD₮0, completing the final phase of Plasma’s launch. Users will also be able to send USD₮ with zero fees through Plasma’s dashboard, setting a new standard for stablecoin payments.
A Journey Built With the Community
Plasma has been built alongside its community from the very beginning.
Early access opened through Echo, ensuring participation was not limited to insiders. The Stablecoin Collective was formed to educate, collaborate, and bring real-world understanding to stablecoin adoption.
During Plasma’s deposit campaign, more than $1 billion in stablecoins was committed to vaults in just over 30 minutes, demonstrating both trust and demand. The public sale that followed attracted $373 million in commitments, far exceeding the original $50 million cap and ensuring ownership was widely distributed.
This momentum led to a historic partnership with Binance Earn, where Plasma launched the first onchain USD₮ yield product inside the world’s most widely used crypto application. The $1B cap filled rapidly, becoming the largest and most successful campaign in Binance Earn’s history.
This journey now culminates in Mainnet Beta — the largest day-one stablecoin liquidity launch ever.
The Rails for Digital Dollars
Plasma’s mission is to become the foundation for global money movement.
As stablecoin regulation matures worldwide — with positive momentum in the United States and beyond — Plasma is built for alignment from day one. The chain is designed not just for DeFi, but for payments, foreign exchange, card networks, on- and off-ramps, and real-world commerce.
At the core of this is PlasmaBFT, a high-throughput consensus mechanism engineered specifically for stablecoin flows. It enables fast settlement, high composability, and efficient execution at scale.
During the initial rollout, zero-fee USD₮ transfers will be available through Plasma’s own products, ensuring safety and performance under stress testing. Over time, this capability will expand across the ecosystem, allowing builders to create payment applications on a chain optimized for money.
But technology alone is not enough.
Money is a distribution challenge. Networks grow through trust, reach, and local relevance. Plasma is built to go country by country, integrating deeply into local markets and connecting onchain dollars to physical peer-to-peer cash networks. This approach allows digital dollars to reach merchants and users through channels they already trust.
Owning the System With XPL
XPL is the native token that powers and secures the Plasma network.
Ten percent of the total supply was sold directly to community members through the public sale, ensuring broad ownership from the start. At Mainnet Beta launch, an additional 25 million XPL will be distributed to smaller depositors who completed Sonar verification and participated in the sale.
Plasma is also allocating 2.5 million XPL to members of the Stablecoin Collective, recognizing those who contributed to education, adoption, and ecosystem growth. These distributions reflect Plasma’s core belief that ownership should belong to users and builders, not intermediaries.
Beyond distribution, XPL aligns incentives for validators, secures the network, and ensures that control of the system remains decentralized and community-driven.
The Trillion-Dollar Opportunity
Stablecoins represent the most important financial innovation since the creation of money itself.
In emerging markets, they preserve purchasing power overnight.
In global trade, they compress settlements from weeks to minutes.
For small businesses, they remove gatekeepers and unlock access to global commerce.
Hundreds of millions of people already rely on digital dollars as their primary financial tool. Yet the infrastructure to support this reality has lagged behind.
Plasma is closing that gap.
By combining deep liquidity, owned infrastructure, real-world distribution, and a community-aligned token model, Plasma is building a new global financial system — one designed for everyone, everywhere.
Stablecoins are Money 2.0.
#plasma is how they move at global scale.
