#plasma $XPL
Plasma is a layer 1 blockchain specifically designed for settling stablecoins. It combines full compatibility with the Ethereum Virtual Machine (Reth) and finality in seconds (PlasmaBFT), and offers features focused on stablecoins such as USDT transfers without transaction fees and customized transaction fees for stablecoins first. The security associated with Bitcoin is designed to enhance neutrality and resistance to censorship. The target demographic includes individual users in high adoption rate markets and institutions operating in the payments/financial sector.