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Plasma

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About Plasma

Plasma is a high-performance Layer-1 built for global USD₮ payments, with zero-fee transfers and EVM compatibility.

stablecoin payments EVM decentralized

Plasma is a Layer 1 blockchain purpose-built for stablecoin payments and high-volume financial applications. It combines zero-fee USD₮ transfers, custom gas tokens, confidential payment support, and deep liquidity with full EVM compatibility. This makes Plasma the ideal foundation for developers to build next-generation payment systems, wallets, FX platforms, and stablecoin-powered dApps.

Unlike general-purpose chains, Plasma was designed from the ground up to give stablecoins first-class treatment at the protocol level. It integrates advanced infrastructure such as card issuance, on/off ramps, and compliance tooling via trusted partners, offering developers a seamless way to deliver stablecoin-native experiences to users worldwide.

Plasma addresses the needs of the $250B+ stablecoin market by combining speed, scale, and low-cost architecture into a single blockchain. At its heart are three core components:

PlasmaBFT Consensus Layer: A pipelined implementation of the Fast HotStuff consensus algorithm. By parallelizing the proposal, vote, and commit processes, PlasmaBFT achieves deterministic finality in seconds and maintains full Byzantine fault tolerance. This is optimized for stablecoin workloads with high throughput and low latency.
EVM Execution Layer: Fully EVM compatible and built on Reth, a high-performance modular Ethereum client in Rust. Developers can deploy Solidity contracts with no changes, using existing tools like Foundry, Hardhat, and MetaMask.
Native Bitcoin Bridge: A trust-minimized bridge that brings BTC directly into the EVM environment without centralized custodians. This unlocks programmable Bitcoin, BTC-backed stablecoins, and cross-asset flows inside Plasma.

Plasma also maintains stablecoin-native contracts tailored for zero-fee USD₮ transfers, custom gas tokens, and confidential payments. These protocol-governed contracts integrate with account abstraction standards (EIP-4337 and EIP-7702) and are designed to evolve into deeper protocol-level incentives and execution.

Launching with over $1–2 billion in USD₮ liquidity from day one, Plasma gives developers a network where high-volume, low-cost stablecoin transfers are not only possible but seamless. Whether building remittance apps, micropayment systems, global payouts, or merchant acceptance platforms, Plasma offers the reliability, liquidity, and developer experience needed to operate at global scale.

Plasma provides a unique set of benefits and features specifically optimized for stablecoins and high-volume financial applications:

Zero-Fee USD₮ Transfers: Built-in paymaster contracts sponsor gas for USD₮ transfers, enabling frictionless stablecoin movement.
Custom Gas Tokens: Developers can register approved stablecoins or ecosystem tokens as gas to simplify user onboarding and cost abstraction.
Confidential Payments: Privacy-preserving transfers for stablecoins, with shielded amounts and recipient addresses while maintaining composability and regulatory disclosures.
Deep Liquidity: Launching with $1–2 billion in USD₮ liquidity, giving developers immediate access to a stablecoin-rich environment.
EVM Compatibility: Full support for standard Solidity tooling and libraries — no bridging layers, no custom compilers.
Native Bitcoin Bridge: Trust-minimized BTC integration, enabling programmable Bitcoin collateral and BTC-backed stablecoins.
Integrated Infrastructure: Card issuance, global on/off ramps, and compliance tooling built into the developer experience via trusted partners.

Plasma is designed to make building stablecoin-powered applications simple and scalable. Here’s how to get started:

Visit the Website: Go to plasma.to to explore the network’s features and documentation.
Explore the Docs: Access the technical documentation to understand Plasma’s architecture, contracts, and developer tools.
Build on Plasma: Use the developer guides to deploy stablecoin-powered dApps, wallets, and financial protocols using familiar EVM tools like Hardhat and Foundry.
Join the Community: Connect with other developers and users in the Plasma Community to collaborate and receive support.
Stake XPL: Participate in network security and earn rewards by staking XPL as a validator or via delegation (coming soon).
Leverage Built-In Features: Integrate zero-fee transfers, custom gas tokens, and confidential payments directly into your app for instant differentiation.

Plasma FAQ

Plasma uses a protocol-maintained paymaster contract to sponsor gas fees for specific USD₮ transfers. Only the transfer and transferFrom functions of the USD₮ token are eligible, which limits potential attack vectors. Eligibility is enforced through lightweight identity verification like zkEmail and strict rate limits. The Plasma Foundation manages this system to ensure both cost control and security.
The Plasma Bitcoin Bridge is trust-minimized and non-custodial, meaning it does not rely on centralized entities or wrapped assets. Instead, it uses a decentralized verifier network to validate Bitcoin transactions directly onto Plasma's EVM-compatible chain. This enables real BTC to interact with smart contracts, unlocking use cases like BTC-backed stablecoins and programmable cross-asset flows—all without custodians or synthetic tokens.
XPL follows a burn model inspired by EIP-1559 to maintain a balance between validator rewards and long-term token holder value. As network usage increases, base fees paid for transactions are permanently burned, helping to counteract inflation from new token issuance. This ensures that Plasma's economic model remains sustainable and incentivizes both users and validators while limiting supply-side pressure on XPL.
Plasma provides developers with a full suite of stablecoin-native tools at launch, including zero-fee USD₮ transfer contracts, custom gas tokens, confidential payment modules, and deep initial liquidity. Additionally, its EVM compatibility allows developers to use existing frameworks like Hardhat and Foundry, and deploy with wallets like MetaMask. Paired with ready access to integrated infrastructure (on/off ramps, compliance tools, etc.), Plasma accelerates time-to-market for builders.
Yes, Plasma supports custom gas tokens via a protocol-managed ERC-20 paymaster. Approved stablecoins and ecosystem tokens can be registered to pay for gas, eliminating the need for users to acquire native tokens like XPL. This gas abstraction model improves the user experience and simplifies onboarding for apps that want to offer a stablecoin-first experience to non-crypto-native users.