What is Plasma?

Plasma is a stablecoin-native blockchain designed specifically for building stablecoin applications. It provides a secure, scalable platform that enables zero-fee USD₮ transfers and supports custom gas tokens, making it ideal for payment applications and stablecoin-focused DeFi protocols.

Key Features

  • Stablecoin-Native: Purpose-built for stablecoin applications and payments
  • Zero-Fee USD₮ Transfers: Native support for fee-free USDT transactions
  • Custom Gas Tokens: Flexibility to use different tokens for gas payments
  • Confidential Payments: Privacy-preserving transaction capabilities
  • Account Abstraction: Advanced account management features
  • Bitcoin Bridge: Native integration with Bitcoin network

Architecture

Plasma features a unique architecture optimized for stablecoin operations:
  • Consensus: Robust consensus mechanism for network security
  • Execution: Optimized execution layer for stablecoin transactions
  • Bitcoin Bridge: Secure cross-chain connectivity with Bitcoin
  • System Overview: Comprehensive infrastructure for payment applications

Ecosystem Highlights

  • Advanced stablecoin-native smart contracts
  • Zero-fee transfer capabilities for USD₮
  • Support for confidential payment protocols
  • Comprehensive tooling and infrastructure including:
    • Block explorers and analytics
    • Cross-chain bridges
    • RPC providers and indexers
    • Oracles and account abstraction tools
    • Testnet faucets for XPL tokens

Data on Dune

Resources