🔥 Plasma launches mainnet beta and token $XPL
Today, September 25th, @PlasmaFDN, a Layer 1 blockchain for stablecoins backed by Bitfinex (the sister company of Tether), will launch its mainnet beta along with the token $XPL.
Currently, Plasma has over $2 billion in stablecoin TVL and integrates with over 100 DeFi protocols, including Aave, Ethena, Fluid, and Euler. With a fundraising campaign of $1 billion and a public sale of $50M, Plasma quickly rose to the top 8 chains leading in stablecoin liquidity.
CEO Paul Faecks calls Plasma "Money 2.0," with the ambition to make stablecoins the global financial infrastructure: from payments, FX, card networks to on-/off-ramps.
Plasma also just announced Plasma One, a digital bank and stablecoin payment card. Additionally, the token $XPL will soon be listed across major exchanges like Binance, Upbit, Bybit, and OKX with an estimated FDV in the billions of USD.
The stablecoin craze is hotter than ever 🔥🔥
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