Plasma is a blockchain designed for fast, scalable, and low-fee stablecoin transactions. Its native cryptocurrency, XPL, is the fuel that powers the Plasma network. With a focus on high-performance settlement layers for payments, remittances, and DeFi services, Plasma aims to revolutionize the way we think about financial transactions.
*Key Features of Plasma*
1. *Fast and Scalable*: Plasma's blockchain technology enables fast and scalable transactions, making it ideal for high-volume trading and payments. 2. *Low Fees*: With Plasma, transaction fees are significantly lower compared to other blockchain networks, making it an attractive option for users. 3. *Stablecoin Focus*: Plasma's focus on stablecoins ensures that transactions are stable and reliable, reducing the risk of price volatility.