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Plasma (XPL)

by PlasmaUS

Layer-1 blockchain for stablecoin transfers with zero fees. Uses PlasmaBFT consensus for sub-second finality and Bitcoin anchoring for security.

DeployStage 4 of 5

Mainnet live since September 25, 2025. Processes payments and stablecoin transfers with sub-second finality.

Updated 25 Sep 2025Checked 10 Oct0 updates this week

Milestones

Next · Scaling stablecoin infrastructure and ecosystem expansion
  1. Seed funding round led by BitfinexOct 2024Complete.
  2. Series A funding from Framework VenturesFeb 2025Complete.
  3. Testnet launch15 Jul 2025Complete.
  4. Public token sale ($373M in 10 days)Jul 2025Complete.
  5. Mainnet beta launch with $2B+ stablecoin liquidity25 Sep 2025Complete.
  6. Scaling stablecoin infrastructure and ecosystem expansionTarget 2026Current milestone.
Primer