This year is pivotal for the project. With the activation of the pBTC bridge, we are seeing a massive influx of Bitcoin-backed liquidity entering the ecosystem. This allows users to use their BTC as collateral within Plasma’s DeFi suite—which already includes giants like Aave and Ethena—all while benefiting from the speed and low costs of the Plasma L1.
Furthermore, the launch of Plasma One, the stablecoin-native neobank app, is bridging the gap between on-chain liquidity and everyday spending. Imagine earning yield on your digital dollars and spending them instantly via a debit card—all powered by the underlying $XPL infrastructure.
#xpl
