Plasma Redefines Money Movement With Zero-Fee Stablecoin Backbone

Plasma, a high-performance blockchain designed for stablecoin transactions, announced the launch of its mainnet beta on September 25, 2025, marking a significant milestone in its development. The platform will debut with $2 billion in stablecoins, making it the eighth-largest blockchain by stablecoin liquidity from day one. The native token, XPL, will also be introduced at this stage, with initial distributions aimed at broadening ownership and ensuring alignment with community participants.

The blockchain's mainnet beta will feature 100+ DeFi partner integrations, including prominent platforms like Aave, Ethena, Fluid, and Euler. These partnerships are intended to deliver immediate utility, offering services such as savings, deep USD₮ markets, and the lowest USD₮ borrow rates in the industry. Notably, users will be able to withdraw USD₮0, marking the final phase of Plasma’s launch. Additionally, the platform will enable zero-fee USD₮ transfers through its dashboard at app.plasma.to.

Prior to the mainnet beta, Plasma had demonstrated strong community engagement and liquidity generation. A 30-minute deposit campaign raised over $1 billion in stablecoin liquidity, and a public sale generated $373 million in commitments—seven times the $50 million cap. These achievements culminated in a partnership with Binance Earn, which launched the first onchain USD₮ yield product. This collaboration saw the $1 billion cap reached quickly, making it the largest and most successful campaign in Binance Earn's history.

XPL, Plasma’s native token, will play a crucial role in the network’s governance and security. At the time of the mainnet beta launch, 25 million XPL tokens will be distributed to smaller depositors verified through Sonar by Echo. An additional 2.5 million tokens will be reserved for members of the Stablecoin Collective, a community initiative focused on stablecoin adoption. Rewards will be allocated based on participation levels, ranging from 7,500 XPL for early contributors to 30,000 XPL for OG members. Wallet verification for these rewards will be available through Discord for a week.

Plasma’s mission is to become the backbone for global money movement, particularly for stablecoin-based transactions. The platform is designed to align with evolving stablecoin regulations, with a focus on U.S.-led initiatives. Technologically, Plasma introduces PlasmaBFT, a high-throughput consensus layer optimized for stablecoin flows. This system allows for zero-fee USD₮ transfers during the beta phase, with plans to expand this feature to external partners over time. The infrastructure is engineered for composability, speed, and security, distinguishing it from other blockchain platforms.

The platform’s focus on stablecoin liquidity and zero-fee transfers positions it to address critical gaps in global financial infrastructure, particularly in emerging markets. Plasma aims to facilitate seamless payments, remittances, and merchant adoption by leveraging network effects and integrating deeply into local markets. The broader vision is to make digital dollars accessible to billions of users who are currently excluded from traditional financial systems, thereby redefining how money moves globally.